How Much Did Foster Plumbing & Heating Raise?
Funding & Key Investors

Foster Plumbing & Heating has secured $350K in total capital, with a recent strategic investment of $350K marking a significant milestone in its growth trajectory. This latest financing round underscores the company's established position and potential for further expansion within the HVAC services sector.

What is Foster Plumbing & Heating?

Foster Plumbing & Heating
ConstructionConstruction ManagementConsumer Services

Established in 1989, Foster Plumbing & Heating is a family-owned business serving Richmond, Virginia, and surrounding areas with comprehensive furnace repair and HVAC services. The company boasts an A+ rating from the Better Business Bureau, reflecting its long-standing commitment to quality service and customer satisfaction. Their expertise in ensuring home comfort, particularly during winter months, positions them as a reliable provider in the local market.

How much funding has Foster Plumbing & Heating raised?

Foster Plumbing & Heating has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Foster Plumbing & Heating

PPP

Public-Private Partnership

What's next for Foster Plumbing & Heating?

The recent strategic investment signals a phase of potential scaling and service enhancement for Foster Plumbing & Heating. This capital infusion is likely to support operational upgrades, fleet expansion, or the adoption of new technologies to meet increasing demand. As a company with a strong local reputation and decades of experience, this backing could enable Foster Plumbing & Heating to broaden its service area or introduce new offerings, solidifying its market leadership.

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Frequently Asked Questions Regarding Foster Plumbing & Heating Financial Insights

What are the most recent funding rounds that Foster Plumbing & Heating has completed, and what were the funding rounds?
Foster Plumbing & Heating has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Foster Plumbing & Heating has raised to date?
Foster Plumbing & Heating has raised a total of $350K in funding to date.
How many funding rounds has Foster Plumbing & Heating completed?
Foster Plumbing & Heating has completed 1 funding rounds.
How much funding did Foster Plumbing & Heating raise in its most recent funding round?
Foster Plumbing & Heating raised $350K in its most recent funding round.
Who are the lead investors in Foster Plumbing & Heating's latest funding round?
The lead investor in Foster Plumbing & Heating'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 Foster Plumbing & Heating's history?
The largest funding round in Foster Plumbing & Heating's history was $350K.
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