How Much Did Drain Medic Raise?
Funding & Key Investors

Drain Medic, a San Diego-based plumbing services provider, has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and operational capacity within the competitive plumbing sector.

What is Drain Medic?

Drain Medic
ConstructionConstruction ManagementConsumer Services

Drain Medic Rx Plumbing is a women-owned and family-operated business with over three decades of experience serving the San Diego area. The company offers a comprehensive suite of plumbing solutions, including drain cleaning, general plumbing repairs, advanced hydrojetting services, new installations, and remodeling projects for both residential and commercial clients. Renowned for its dedication to quality workmanship, rapid response times, and fostering customer loyalty, Drain Medic provides round-the-clock emergency plumbing assistance seven days a week, addressing a wide array of plumbing challenges across San Diego.

How much funding has Drain Medic raised?

Drain Medic has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Drain Medic?

The substantial capital infusion, characterized as large-scale late-stage funding and a major strategic investment, positions Drain Medic for significant operational expansion and service enhancement. This financial backing is expected to fuel strategic initiatives aimed at solidifying its market leadership in San Diego's plumbing industry, potentially through service area expansion, technology adoption for more efficient diagnostics and repairs, or bolstering its emergency response capabilities to meet growing demand. The company's long-standing experience and commitment to customer satisfaction provide a strong foundation for leveraging this new capital to achieve sustained growth and profitability.

See full Drain Medic company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstructionConsumer ServicesRepair Services
Civil Engineering ConstructionConstruction
Architecture, Engineering & DesignConstructionCivil Engineering Construction
Construction ManagementConstruction

Frequently Asked Questions Regarding Drain Medic Financial Insights

What are the most recent funding rounds that Drain Medic has completed, and what were the funding rounds?
Drain Medic has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Drain Medic has raised to date?
Drain Medic has raised a total of $150K in funding to date.
How many funding rounds has Drain Medic completed?
Drain Medic has completed 1 funding rounds.
How much funding did Drain Medic raise in its most recent funding round?
Drain Medic raised $150K in its most recent funding round.
Who are the lead investors in Drain Medic's latest funding round?
The lead investor in Drain Medic'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 Drain Medic's history?
The largest funding round in Drain Medic's history was $150K.
See more information about Drain Medic