How Much Did Mike's Custom Mechanical Raise?
Funding & Key Investors

Mike's Custom Mechanical has secured substantial capital, with a total funding amount of $364K. The company recently announced a major strategic investment, bringing in $214K in its latest financing round. This significant capital infusion underscores the company's established presence and growth trajectory in the competitive home services sector.

What is Mike's Custom Mechanical?

Mike's Custom Mechanical
ConstructionConstruction ManagementConsumer Services

Mike's Custom Mechanical is a veteran-owned enterprise specializing in HVAC and plumbing services, operating out of Rogers, Minnesota, and catering to the Greater Twin Cities metropolitan area. Established in 2010, the company offers a comprehensive suite of services, including the installation and repair of furnaces, plumbing maintenance, and boiler services. Their operational philosophy centers on delivering reliable and cost-effective solutions, leveraging over a century of combined team experience to address residential maintenance needs. Mike's Custom Mechanical emphasizes a transparent, step-by-step service approach to ensure client understanding and satisfaction.

How much funding has Mike's Custom Mechanical raised?

Mike's Custom Mechanical has raised a total of $364K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$214K

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

Debt (2021): $214K led by PPP

What's next for Mike's Custom Mechanical?

The recent large-scale, late-stage funding signifies a pivotal moment for Mike's Custom Mechanical, positioning it for accelerated expansion and enhanced service delivery. This strategic investment is likely to fuel operational scaling, potentially through the acquisition of new equipment, expansion of service territories, and the recruitment of additional skilled technicians. The company's focus on reliability and customer satisfaction, combined with this new capital, suggests a strategic push to solidify its market leadership in the HVAC and plumbing industry within the Greater Twin Cities region and potentially beyond.

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Frequently Asked Questions Regarding Mike's Custom Mechanical Financial Insights

What are the most recent funding rounds that Mike's Custom Mechanical has completed, and what were the funding rounds?
Mike's Custom Mechanical has recently completed 2 funding rounds: Debt on Mar 5, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Mike's Custom Mechanical has raised to date?
Mike's Custom Mechanical has raised a total of $364K in funding to date.
How many funding rounds has Mike's Custom Mechanical completed?
Mike's Custom Mechanical has completed 2 funding rounds.
How much funding did Mike's Custom Mechanical raise in its most recent funding round?
Mike's Custom Mechanical raised $214K in its most recent funding round.
Who are the lead investors in Mike's Custom Mechanical's latest funding round?
The lead investor in Mike's Custom Mechanical'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 Mike's Custom Mechanical's history?
The largest funding round in Mike's Custom Mechanical's history was $214K.
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