How Much Did Drain Werks Raise?
Funding & Key Investors

Drain Werks has secured $150K in total capital, with its most recent financing round bringing in $150K as a major strategic investment. This significant backing underscores the company's established position in the commercial plumbing sector and its trajectory towards further expansion.

What is Drain Werks?

Drain Werks
ConstructionConstruction ManagementConsumer Services

Drain Werks is a commercial plumbing service provider headquartered in Birmingham, AL. The company specializes in a comprehensive suite of services, including drain cleaning, sewer line repair, hydro jetting, and detailed camera inspections. They are recognized for their 24/7 emergency service availability and a reputation for prompt, professional execution. Drain Werks leverages advanced equipment and employs skilled technicians to efficiently address complex plumbing challenges for local businesses, prioritizing customer satisfaction and the seamless operation of client plumbing systems.

How much funding has Drain Werks raised?

Drain Werks 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 Werks?

The recent major strategic investment, within the context of large-scale late-stage funding, signals Drain Werks' readiness for significant operational scaling and market penetration. This capital infusion is likely to be directed towards enhancing service capabilities, expanding geographic reach, and potentially integrating new technologies to maintain its competitive edge in the commercial plumbing industry. The company's focus on efficiency and customer satisfaction, combined with strategic financial backing, positions it for sustained growth and market leadership.

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Frequently Asked Questions Regarding Drain Werks Financial Insights

What are the most recent funding rounds that Drain Werks has completed, and what were the funding rounds?
Drain Werks has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Drain Werks has raised to date?
Drain Werks has raised a total of $150K in funding to date.
How many funding rounds has Drain Werks completed?
Drain Werks has completed 1 funding rounds.
How much funding did Drain Werks raise in its most recent funding round?
Drain Werks raised $150K in its most recent funding round.
Who are the lead investors in Drain Werks's latest funding round?
The lead investor in Drain Werks'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 Werks's history?
The largest funding round in Drain Werks's history was $150K.
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