How Much Did LT Plumbing Raise?
Funding & Key Investors

LT Plumbing has secured $485K in total funding, with its most recent financing round bringing in $335K. This significant strategic investment underscores the company's established presence and growth trajectory in the plumbing and heating sector. The company's funding history, primarily consisting of debt financing, indicates a focus on operational expansion and capital management.

What is LT Plumbing?

LT Plumbing
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LT Plumbing, LLC, founded in March 2006 by Master Plumber Larry Turgeon, is a Florida-based company specializing in commercial and residential plumbing services. With a strong foundation built on extensive experience in the plumbing and hydronic heating industries since 1982, LT Plumbing serves Manatee, Sarasota, and surrounding counties. The company offers a comprehensive range of services, including new installations, remodels, inspections, and general service. Supported by a dedicated team of internal staff and sixteen installers, LT Plumbing prides itself on delivering quality workmanship at competitive prices, backed by a 100% satisfaction guarantee.

How much funding has LT Plumbing raised?

LT Plumbing has raised a total of $485K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$335K

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

Debt (2021): $335K led by PPP

Key Investors in LT Plumbing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for LT Plumbing?

The recent strategic investment signifies a pivotal moment for LT Plumbing, positioning it for accelerated growth and enhanced service delivery. This capital infusion is expected to fuel further expansion of its operational capabilities and market reach within its service areas. The company's late-stage funding context suggests a focus on scaling operations, potentially through technology adoption, team expansion, or strategic acquisitions to solidify its leadership in the regional plumbing market.

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Frequently Asked Questions Regarding LT Plumbing Financial Insights

What are the most recent funding rounds that LT Plumbing has completed, and what were the funding rounds?
LT Plumbing has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on Apr 11, 2020.
What is the total amount of funding LT Plumbing has raised to date?
LT Plumbing has raised a total of $485K in funding to date.
How many funding rounds has LT Plumbing completed?
LT Plumbing has completed 2 funding rounds.
How much funding did LT Plumbing raise in its most recent funding round?
LT Plumbing raised $335K in its most recent funding round.
Who are the lead investors in LT Plumbing's latest funding round?
The lead investor in LT Plumbing'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 LT Plumbing's history?
The largest funding round in LT Plumbing's history was $335K.
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