How Much Did Steamaway Raise?
Funding & Key Investors

Steamaway has secured a total funding amount of $399K, with its most recent financing round yielding $249K. This major strategic investment underscores the company's significant progress and potential in its market.

What is Steamaway?

Steamaway
Consumer ServicesCleaning Services

Steamaway operates within the fleet washing and truck maintenance sector, providing essential services to the trucking and transportation industry. The company offers comprehensive solutions including 24/7 mobile fleet washing and dedicated drive-thru truck wash bay services. Their professional team focuses on ensuring vehicles are not only clean and presentable but also safe and road-ready, contributing to the longevity and operational efficiency of their clients' fleets. Steamaway is committed to delivering high-quality results through customer satisfaction and environmentally conscious practices.

How much funding has Steamaway raised?

Steamaway has raised a total of $399K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$249K

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

Debt (2021): $249K led by PPP

Key Investors in Steamaway

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Steamaway?

The recent large-scale late-stage funding indicates Steamaway is poised for significant expansion and operational enhancement. This capital infusion is likely to be directed towards scaling its service infrastructure, potentially expanding its geographic reach within the Dallas-Fort Worth area and beyond, and investing in advanced washing technologies. The strategic backing suggests a focus on solidifying its market leadership and potentially exploring new service verticals within the commercial vehicle maintenance space. Steamaway's trajectory points towards continued growth and increased market penetration.

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Frequently Asked Questions Regarding Steamaway Financial Insights

What are the most recent funding rounds that Steamaway has completed, and what were the funding rounds?
Steamaway has recently completed 2 funding rounds: Debt on Mar 18, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Steamaway has raised to date?
Steamaway has raised a total of $399K in funding to date.
How many funding rounds has Steamaway completed?
Steamaway has completed 2 funding rounds.
How much funding did Steamaway raise in its most recent funding round?
Steamaway raised $249K in its most recent funding round.
Who are the lead investors in Steamaway's latest funding round?
The lead investor in Steamaway'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 Steamaway's history?
The largest funding round in Steamaway's history was $249K.
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