How Much Did Smith Plumbing Services Raise?
Funding & Key Investors

Smith Plumbing Services has secured $384K in total capital, with its most recent financing round bringing in $234K. This significant strategic investment underscores the company's established presence and ongoing growth trajectory in the plumbing services sector. The company's financial activities suggest a mature operational phase, likely focused on expansion and service enhancement.

What is Smith Plumbing Services?

Smith Plumbing Services
ConstructionConstruction ManagementConsumer Services

Smith Plumbing Services, Inc. is a long-standing provider of comprehensive plumbing solutions, established in 1978. The company offers a wide array of services, including drain cleaning, sewer jetting, gas services, and emergency plumbing, catering to both residential and commercial clientele. Operating across Calhoun and Cherokee Counties and licensed in eleven states, Smith Plumbing Services has demonstrated a commitment to expanding its service footprint. Their core values emphasize honesty, professionalism, and customer satisfaction, achieved through high-quality workmanship and tailored plumbing options. The company aims to exceed client expectations with reliable and professional service delivery.

How much funding has Smith Plumbing Services raised?

Smith Plumbing Services has raised a total of $384K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$234K

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

Debt (2021): $234K led by PPP

Key Investors in Smith Plumbing Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed investor

Undisclosed investor participating in the funding round. Further details regarding their specific investment thesis or strategic alignment are not publicly available.

What's next for Smith Plumbing Services?

With substantial capital backing, Smith Plumbing Services is well-positioned for continued expansion and operational scaling. The recent strategic investment likely signals an intent to further penetrate existing markets, enhance service offerings, or potentially explore new geographic regions. Future developments may include technological upgrades to service delivery, fleet expansion, or strategic partnerships to bolster their market share. The company's focus on customer satisfaction and professional service is expected to remain a cornerstone of its growth strategy as it navigates its late-stage development.

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Frequently Asked Questions Regarding Smith Plumbing Services Financial Insights

What are the most recent funding rounds that Smith Plumbing Services has completed, and what were the funding rounds?
Smith Plumbing Services has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Smith Plumbing Services has raised to date?
Smith Plumbing Services has raised a total of $384K in funding to date.
How many funding rounds has Smith Plumbing Services completed?
Smith Plumbing Services has completed 2 funding rounds.
How much funding did Smith Plumbing Services raise in its most recent funding round?
Smith Plumbing Services raised $234K in its most recent funding round.
Who are the lead investors in Smith Plumbing Services's latest funding round?
The lead investor in Smith Plumbing Services'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 Smith Plumbing Services's history?
The largest funding round in Smith Plumbing Services's history was $234K.
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