How Much Did Able Plumbing Raise?
Funding & Key Investors

Able Plumbing has secured $350K in cumulative capital, with its most recent financing round yielding $350K. This latest influx of capital was characterized as a major strategic investment, positioning the company within a large-scale late-stage funding environment. The company's financial trajectory indicates a significant push for expansion and operational enhancement.

What is Able Plumbing?

Able Plumbing
Consumer ServicesLandscape ServicesRepair Services

Able Plumbing LLC is a provider of essential plumbing services operating in Lake Charles, Louisiana, serving both residential and commercial clientele. Boasting over twenty years of industry experience, the company is committed to delivering high-quality plumbing solutions at competitive price points. Their service philosophy emphasizes proactive maintenance of plumbing systems and the provision of emergency assistance for critical issues. Able Plumbing LLC prioritizes customer satisfaction, ensuring that all projects, irrespective of scale, receive meticulous attention and professional care.

How much funding has Able Plumbing raised?

Able Plumbing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Able Plumbing?

The substantial capital infusion, particularly the recent strategic investment, suggests Able Plumbing is poised for significant growth and market penetration. This late-stage funding likely supports initiatives such as expanding service areas, upgrading infrastructure, investing in advanced plumbing technologies, and potentially acquiring smaller competitors. The company's focus on quality and affordability, combined with this financial backing, positions it to solidify its market leadership and enhance its service offerings in the Lake Charles region and beyond.

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Frequently Asked Questions Regarding Able Plumbing Financial Insights

What are the most recent funding rounds that Able Plumbing has completed, and what were the funding rounds?
Able Plumbing has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Able Plumbing has raised to date?
Able Plumbing has raised a total of $350K in funding to date.
How many funding rounds has Able Plumbing completed?
Able Plumbing has completed 1 funding rounds.
How much funding did Able Plumbing raise in its most recent funding round?
Able Plumbing raised $350K in its most recent funding round.
Who are the lead investors in Able Plumbing's latest funding round?
The lead investor in Able Plumbing's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Able Plumbing's history?
The largest funding round in Able Plumbing's history was $350K.
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