Funded Startups in Salem
Across these 10 most-recent funded startups tagged to “Salem,” the largest disclosed round is Tropical Products’ $16M on 2022-11-10, which dwarfs the next-…
Across these 10 most-recent funded startups tagged to “Salem,” the largest disclosed round is Tropical Products’ $16M on 2022-11-10, which dwarfs the next-largest disclosed amount (Pence Construction’s $410K on 2022-06-01) and sits far above the $350K (Active Surfaces, 2025-08-15), $1M (Page Street Publishing, 2025-07-07), and $100K (HEMA Construction & Interior, 2022-03-30) disclosures. The disclosed sizes are therefore highly uneven, with most listed amounts clustering under $1M when disclosed.
Geographically, the same name splits across multiple “Salem” locations: Salem, Massachusetts appears in Active Surfaces (2025-08-15), Page Street Publishing (2025-07-07), Steel Root (2022-11-16), and Tropical Products (2022-11-10), while Salem, New Hampshire covers Lydian (undisclosed; 2025-08-11) and SuperDraft (undisclosed; 2023-09-13). Temporally, the span runs from 2022-03-30 (HEMA Construction & Interior) through 2025-08-15 (Active Surfaces), with 3 of the 10 entries dated in 2025 (2025-08-15, 2025-08-11, 2025-07-07). Stage/amount reporting is also mixed: 5 of the 10 rows show “Series Unknown,” and 4 show “undisclosed” amounts.
Most recent rounds
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Frequently asked
What stands out in disclosed funding size across this Salem-tagged set, and how does the top round compare?
Tropical Products’ disclosed $16M (2022-11-10, Consumer Goods; Salem, Massachusetts) is an outlier against the rest: the next-largest disclosed amount is Pence Construction’s $410K (2022-06-01, Other; Salem, Oregon), while several other disclosures sit at $350K (Active Surfaces, 2025-08-15) and $1M (Page Street Publishing, 2025-07-07).
Do multiple entries cluster in time, especially near the most recent dates shown?
Yes—3 of the 10 rows are in 2025: Active Surfaces (2025-08-15), Lydian (2025-08-11; amount undisclosed), and Page Street Publishing (2025-07-07). Earlier years are more dispersed, with one entry each at 2024-10-17 (Fabrizia Spirits) and 2023-10-12 (The Divine Foods) and 2023-09-13 (SuperDraft).
Which “Salem” geography dominates, and how fragmented is the naming across locations?
Salem, Massachusetts appears most often (Active Surfaces 2025-08-15; Page Street Publishing 2025-07-07; Steel Root 2022-11-16; Tropical Products 2022-11-10). But the same city label also maps to other geographies: Salem, New Hampshire (Lydian 2025-08-11; SuperDraft 2023-09-13), Salem, Tamil Nadu, India (The Divine Foods 2023-10-12; HEMA Construction & Interior 2022-03-30), and Salem, Oregon (Pence Construction 2022-06-01).
How does the stage mix look, considering Series labeling and amount disclosure?
“Series Unknown” is the most common classification (5 of 10 rows), including Active Surfaces (2025-08-15) and Page Street Publishing (2025-07-07). Amounts are undisclosed in 4 of 10 rows (e.g., Lydian on 2025-08-11 and SuperDraft on 2023-09-13), with only one clearly labeled Series B (HEMA Construction & Interior, $100K on 2022-03-30).
Are there sectors that repeat enough to form a pattern in this listing?
Food and Beverage shows up twice (Page Street Publishing is Content and Publishing at $1M; Fabrizia Spirits is Food and Beverage; and The Divine Foods is Food and Beverage—two Food and Beverage entries total, dated 2024-10-17 and 2023-10-12). Energy appears twice as well (Active Surfaces in 2025-08-15 and Lydian in 2025-08-11), while other sectors in the set are singletons (e.g., Government and Military for Steel Root on 2022-11-16).
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