Summary:
- HydroBlok, a company based in Draper, UT, secured $6M in Series A extension funding for its waterproof construction panels.
- The funding round was led by Pier 88 Investment Partners and Andina Capital Partners to support the company’s expansion and development efforts.
- HydroBlok’s CEO, Colin House, leads the company in providing innovative waterproof composite boards for interior and exterior applications, catering to top hospitality brands and expanding into new construction areas.
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HydroBlok Secures $6M in Funding for Waterproof Construction Panels
HydroBlok, a leading provider of waterproof construction panels based in Draper, UT, recently announced a successful funding round of $6M in Series A extension funding. The investment was led by Pier 88 Investment Partners and Andina Capital Partners, demonstrating confidence in the company’s innovative products and growth potential.
Under the leadership of CEO Colin House, HydroBlok has gained recognition for its waterproof and mold-proof composite boards designed to replace traditional building materials with a more efficient and durable solution. The company has already made a significant impact in the hospitality industry, with installations in renowned brands such as Hilton, Marriott, Hyatt, and Ritz-Carlton.
Building on its success in interior applications, HydroBlok is now expanding into exterior sheathing, drywall, and stucco applications, offering enhanced durability, reduced labor costs, and improved thermal efficiency. The company’s commitment to innovation and sustainability has positioned it as a key player in the construction industry, with a focus on delivering high-quality solutions for both commercial and residential projects.
The recent funding will enable HydroBlok to further expand its operations, accelerate product development, and reach new markets. With a solid foundation and a strong track record of successful installations, HydroBlok is poised for continued growth and success in the construction industry. Stay tuned for more updates on this exciting company as it continues to revolutionize the way we build and design spaces.