How Much Did Performance Plumbing Raise?
Funding & Key Investors

Performance Plumbing has secured $150K in total capital, with its most recent funding round bringing in $150K. This significant investment underscores the company's established presence and strategic positioning within the commercial plumbing sector. The context of this latest financing suggests a move towards scaling operations or further market penetration, typical for a company at this stage of its growth trajectory.

What is Performance Plumbing?

Performance Plumbing
ConstructionConstruction ManagementConsumer Services

Performance Plumbing Inc. is a commercial plumbing service provider headquartered in Norfolk, VA. Established in 2001, the company specializes in a comprehensive suite of services, including drain cleaning, water heater repairs, sewer repairs, and hydro excavation. They are recognized for their 24/7 emergency service availability and commitment to providing free estimates. The company prides itself on employing experienced, OSHA-certified technicians who leverage state-of-the-art equipment to ensure efficient and high-quality service delivery. Performance Plumbing serves a broad geographic area encompassing Norfolk, Virginia Beach, Chesapeake, and Hampton, solidifying its reputation as a dependable partner for commercial plumbing requirements.

How much funding has Performance Plumbing raised?

Performance Plumbing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Performance Plumbing

PPP

Public-Private Partnership

What's next for Performance Plumbing?

With the recent influx of capital, Performance Plumbing is poised for strategic expansion. The 'large-scale late-stage funding' context indicates a focus on consolidating market share, potentially through service area expansion, technological upgrades, or enhancing operational efficiencies. This investment will likely fuel initiatives aimed at strengthening their competitive advantage in the commercial plumbing market, ensuring continued service excellence and responsiveness to client needs. The company's emphasis on emergency services and skilled technicians positions it well for sustained growth and increased market leadership.

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Frequently Asked Questions Regarding Performance Plumbing Financial Insights

What are the most recent funding rounds that Performance Plumbing has completed, and what were the funding rounds?
Performance Plumbing has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Performance Plumbing has raised to date?
Performance Plumbing has raised a total of $150K in funding to date.
How many funding rounds has Performance Plumbing completed?
Performance Plumbing has completed 1 funding rounds.
How much funding did Performance Plumbing raise in its most recent funding round?
Performance Plumbing raised $150K in its most recent funding round.
Who are the lead investors in Performance Plumbing's latest funding round?
The lead investor in Performance 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 Performance Plumbing's history?
The largest funding round in Performance Plumbing's history was $150K.
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