What is Applied Service?
Applied Service Corporation is a specialized provider of environmental services, focusing on the critical areas of tank removal and installation. Their comprehensive service portfolio includes underground and aboveground storage tank decommissioning, site remediation, and emergency response capabilities. Serving a diverse clientele that spans homeowners, commercial enterprises, municipalities, and government agencies, Applied Service delivers robust environmental solutions. The company leverages a team of licensed professionals to ensure high-quality service delivery while maintaining competitive pricing structures.
How much funding has Applied Service raised?
Applied Service has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Applied Service
PPP
Public-Private Partnership
What's next for Applied Service?
The substantial capital infusion, particularly the recent strategic investment, signals a pivotal moment for Applied Service. This late-stage funding is likely earmarked for expanding operational capacity, enhancing technological infrastructure for remediation, and potentially broadening their geographic reach. The company's focus on essential environmental services, coupled with this significant financial backing, suggests a trajectory aimed at solidifying its market leadership and addressing increasing regulatory demands for safe and effective tank management and site cleanup.
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