About NILCO
NILCO is a company based in Hartville (United States) founded in 1909 was acquired by U.S. Lumber in September 2017. NILCO offers products and services including Potatoes and Grain Marketing.
- Headquarter Hartville, United States
- Phone•••• ••••
- Website nilco.net
- Social LinkedIn
- Acquired by U.S. Lumber (Sep 2017)
- Legal Name Maine Potato Growers, Inc
- Latest Funding Round$11.75M (USD), Debt – Conventional
Aug 2019
- InvestorsU.S. Lumber
& 1 more
- Acquired byU.S. Lumber
(Sep 2017)
Products & Services of NILCO
NILCO offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses within the company's operations.
Grains are promoted and distributed from farms as part of the company's activities.
Funding Insights of NILCO
- Total Rounds 1
- Last Round Debt – Conventional — $11.75M
- First Round $11.75M
(Aug 2019)
- Investors Count 1
All 1 funding rounds of NILCO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $11.75M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in NILCO
NILCO has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include U.S. Lumber and Siena Lending Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Direct lending is provided to small and mid-market companies. | 2012 | sienalending.com | Stamford, United States | |
Building materials are distributed to dealers and builders. | 1986 | uslumber.com | Atlanta, United States |
Investor details for NILCO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of NILCO
3 dated milestones of NILCO across 110 years, from founding to its latest funding, stage changes and deals.
- Founded NILCO is founded.
- Exit Acquired by U.S. Lumber.
- Funding First funding round of $11.8M.
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Frequently Asked Questions about NILCO
NILCO was founded in 1909 and raised its 1st funding round 110 years after it was founded.
NILCO is headquartered in Hartville, United States.
NILCO was established in 1909 in Hartville, United States, within the forestry and manufacturing sector. Lumber production is handled through integrated operations that encompass harvesting, processing, and distribution. Services are extended to construction and building industries via standard wood products. The companys domain, nilco.net, supports online inquiries and transactions. Geographic focus remains on domestic markets, with facilities centered in the Midwest region.
NILCO offers Potatoes and Grain Marketing.
NILCO has 2 investors. Key investors include U.S. Lumber, and Siena Lending Group.
NILCO operates through Maine Potato Growers, Inc.
Yes. NILCO was acquired by U.S. Lumber in September 2017.