How Much Did Broadco Raise?
Funding & Key Investors

Broadco has secured significant capital, with its total funding reaching $338K and its most recent investment amounting to $188K. This latest round, characterized as a major strategic investment, underscores the company's established position in the property restoration market.

What is Broadco?

Broadco
ConstructionConstruction ManagementConsumer Services

BROADCO Property Restoration is a seasoned provider of residential and commercial property restoration services, operating primarily in Southeast Michigan. With over two and a half decades of experience, the company offers comprehensive solutions for damages caused by fire, water, and storms, alongside mold remediation and emergency response services. BROADCO's commitment to restoring properties to their pre-loss conditions is supported by a team of certified professionals focused on timely communication and customer satisfaction, making them a trusted name for property restoration and damage repair.

How much funding has Broadco raised?

Broadco has raised a total of $338K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$188K

Debt (2020): $150K with participation from PPP

Debt (2021): $188K led by PPP

What's next for Broadco?

The substantial capital infusion, particularly the recent strategic investment, positions Broadco for significant expansion and operational enhancement. As a company with a long-standing track record in property restoration, this backing suggests a focus on scaling its service offerings, potentially through technological advancements in damage assessment and restoration processes, or by expanding its geographic reach within Southeast Michigan and beyond. The large-scale, late-stage funding indicates confidence from investors in Broadco's proven business model and its capacity for continued growth in the competitive property services sector.

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Frequently Asked Questions Regarding Broadco Financial Insights

What are the most recent funding rounds that Broadco has completed, and what were the funding rounds?
Broadco has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on May 1, 2020.
What is the total amount of funding Broadco has raised to date?
Broadco has raised a total of $338K in funding to date.
How many funding rounds has Broadco completed?
Broadco has completed 2 funding rounds.
How much funding did Broadco raise in its most recent funding round?
Broadco raised $188K in its most recent funding round.
Who are the lead investors in Broadco's latest funding round?
The lead investor in Broadco'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 Broadco's history?
The largest funding round in Broadco's history was $188K.
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