How Much Did Advantage Appliance Raise?
Funding & Key Investors

Advantage Appliance has secured $669K in total capital, with its most recent financing round bringing in $319K through a major strategic investment. This enterprise-level funding underscores the company's significant growth trajectory and its established position in the appliance repair market.

What is Advantage Appliance?

Advantage Appliance
Consumer ServicesRepair Services

Advantage Appliance Repair is a prominent provider of expert appliance repair services, operating across Massachusetts, Connecticut, and South Carolina. The company specializes in servicing a comprehensive range of home appliances, including refrigerators, washers, dryers, and ovens. Renowned for its certified technicians, commitment to same-day service, transparent pricing, and a 90-day warranty on all repairs, Advantage Appliance has built a reputation for reliability and professionalism over its 20-year history. Their efficient operational model facilitates easy service scheduling, real-time technician tracking, and clear communication of diagnoses and quotes prior to commencing work, serving thousands of homeowners.

How much funding has Advantage Appliance raised?

Advantage Appliance has raised a total of $669K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$319K

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

Debt (2021): $319K led by PPP

Key Investors in Advantage Appliance

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Advantage Appliance?

The recent major strategic investment signals a pivotal phase for Advantage Appliance, likely enabling expansion into new service areas or enhancing existing operational efficiencies. This infusion of capital is expected to support the company's continued growth and its mission to provide high-quality, dependable appliance repair services. Future initiatives may focus on technological integration for service delivery and customer experience, further solidifying their market leadership.

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Frequently Asked Questions Regarding Advantage Appliance Financial Insights

What are the most recent funding rounds that Advantage Appliance has completed, and what were the funding rounds?
Advantage Appliance has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Advantage Appliance has raised to date?
Advantage Appliance has raised a total of $669K in funding to date.
How many funding rounds has Advantage Appliance completed?
Advantage Appliance has completed 2 funding rounds.
How much funding did Advantage Appliance raise in its most recent funding round?
Advantage Appliance raised $319K in its most recent funding round.
Who are the lead investors in Advantage Appliance's latest funding round?
The lead investor in Advantage Appliance'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 Advantage Appliance's history?
The largest funding round in Advantage Appliance's history was $350K.
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