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

Lab Plumbing & Heating has secured $4M in total capital, with a recent strategic investment of $2M announced on February 24, 2021. This significant financing underscores the company's established presence and ongoing strategic initiatives within the enterprise-level market.

What is Lab Plumbing & Heating?

Lab Plumbing & Heating
ConstructionConstruction Management

Founded in 1947, Lab Plumbing & Heating is a long-standing unionized company specializing in plumbing and heating services for the New York City real estate and construction industry. With a history spanning over 75 years and now led by a third generation of the Bisso family, the company has grown from a small service shop into a substantial operation with over 100 employees. Its core focus remains on integrity, prompt service, and quality workmanship, values established by its founders.

How much funding has Lab Plumbing & Heating raised?

Lab Plumbing & Heating has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Lab Plumbing & Heating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Lab Plumbing & Heating?

The recent major strategic investment signals a commitment to continued growth and operational enhancement for Lab Plumbing & Heating. Given its extensive history and enterprise-level market focus, this capital infusion is likely to support fleet modernization, technology adoption for service efficiency, or expansion into new commercial or residential development projects across New York City. The company's sustained success suggests a robust business model capable of leveraging this financing for further market penetration and service excellence.

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Frequently Asked Questions Regarding Lab Plumbing & Heating Financial Insights

What are the most recent funding rounds that Lab Plumbing & Heating has completed, and what were the funding rounds?
Lab Plumbing & Heating has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Lab Plumbing & Heating has raised to date?
Lab Plumbing & Heating has raised a total of $4M in funding to date.
How many funding rounds has Lab Plumbing & Heating completed?
Lab Plumbing & Heating has completed 2 funding rounds.
How much funding did Lab Plumbing & Heating raise in its most recent funding round?
Lab Plumbing & Heating raised $2M in its most recent funding round.
Who are the lead investors in Lab Plumbing & Heating's latest funding round?
The lead investor in Lab 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 Lab Plumbing & Heating's history?
The largest funding round in Lab Plumbing & Heating's history was $2M.
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