How Much Did Spear Raise?
Funding & Key Investors

Spear Corporation, a long-standing leader in the Water Quality Industry for over three decades, has recently secured a major strategic investment, contributing to its substantial $350K in total capital. This latest financing round, valued at $350K, underscores the company's robust market position and its ongoing commitment to innovation and service excellence in aquatic facility maintenance and municipal/industrial water quality control.

What is Spear?

Spear
ConstructionConstruction ManagementConsumer Services

Spear Corporation has established itself as a premier provider of services and maintenance for water quality control equipment across municipal and industrial applications, with a particular emphasis on mechanical room equipment for aquatic facilities. The company prides itself on its team of professional, certified technicians who offer on-site installations, service repairs, training, and preventative maintenance. Operating primarily in Indiana, Illinois, Kentucky, and Ohio, Spear Corporation's expertise in maintaining peak efficiency and extending the lifespan of critical equipment in demanding environments has solidified its reputation over 30 years.

How much funding has Spear raised?

Spear has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Spear?

With the recent influx of capital from a large-scale, late-stage funding round, Spear Corporation is poised for significant expansion and continued technological advancement. This strategic investment is expected to fuel further development in their service offerings, potentially broadening their geographic reach and enhancing their capabilities in precision installation and quality customer service. The company's focus on preventative maintenance and ensuring the longevity of mechanical room equipment suggests a strategic direction towards solidifying its leadership in specialized water quality management solutions.

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Frequently Asked Questions Regarding Spear Financial Insights

What are the most recent funding rounds that Spear has completed, and what were the funding rounds?
Spear has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Spear has raised to date?
Spear has raised a total of $350K in funding to date.
How many funding rounds has Spear completed?
Spear has completed 1 funding rounds.
How much funding did Spear raise in its most recent funding round?
Spear raised $350K in its most recent funding round.
Who are the lead investors in Spear's latest funding round?
The lead investor in Spear'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 Spear's history?
The largest funding round in Spear's history was $350K.
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