How Much Did Advance Catastrophe Technologies Raise?
Funding & Key Investors

Advance Catastrophe Technologies (ACT) has secured significant enterprise-level funding, with the total capital raised standing at $1M. The company recently announced a major strategic investment of $666K, underscoring its pivotal role in the disaster restoration sector. This latest financing round follows previous debt financing rounds, indicating a consistent strategy for capital acquisition to fuel its nationwide operations.

What is Advance Catastrophe Technologies?

Advance Catastrophe Technologies
ConstructionConstruction ManagementConsumer Services

Advance Catastrophe Technologies is a comprehensive restoration company operating across the nation, specializing in comprehensive disaster recovery services. The company's service portfolio includes mitigation for water and fire damage, alongside a broad spectrum of other restoration solutions. ACT emphasizes employee well-being, offering health insurance, incentive pay, paid holidays, paid time off, and a matching 401k program, positioning itself as an employer of choice within the industry.

How much funding has Advance Catastrophe Technologies raised?

Advance Catastrophe Technologies has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$666K

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

Debt (2021): $666K led by PPP

Key Investors in Advance Catastrophe Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Advance Catastrophe Technologies?

The substantial enterprise-level funding and recent strategic investment signal a phase of aggressive expansion and operational enhancement for Advance Catastrophe Technologies. This capital infusion is likely to be directed towards scaling its service capabilities, expanding its geographic reach, and potentially investing in advanced restoration technologies. The company's focus on employee benefits suggests a strategy to build a robust and skilled workforce, crucial for maintaining high service standards during critical disaster recovery operations. ACT appears poised to solidify its market leadership through strategic growth initiatives.

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Frequently Asked Questions Regarding Advance Catastrophe Technologies Financial Insights

What are the most recent funding rounds that Advance Catastrophe Technologies has completed, and what were the funding rounds?
Advance Catastrophe Technologies has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Advance Catastrophe Technologies has raised to date?
Advance Catastrophe Technologies has raised a total of $1M in funding to date.
How many funding rounds has Advance Catastrophe Technologies completed?
Advance Catastrophe Technologies has completed 2 funding rounds.
How much funding did Advance Catastrophe Technologies raise in its most recent funding round?
Advance Catastrophe Technologies raised $666K in its most recent funding round.
Who are the lead investors in Advance Catastrophe Technologies's latest funding round?
The lead investor in Advance Catastrophe Technologies'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 Advance Catastrophe Technologies's history?
The largest funding round in Advance Catastrophe Technologies's history was $666K.
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