How Much Did Summey Plumbing Raise?
Funding & Key Investors

Summey Plumbing has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment marks a significant milestone for the Hendersonville-based company, underscoring its established presence in the plumbing and contracting sector. The company's financial trajectory indicates a mature operational phase, leveraging substantial backing for its ongoing growth and service expansion.

What is Summey Plumbing?

Summey Plumbing
ConstructionConstruction ManagementConsumer Services

Founded in 1954 and incorporated in 1976, Summey Plumbing & Heating Inc. has a rich, multi-generational history rooted in Hendersonville, North Carolina. Initially focused on contracting, the company has evolved to include a robust service department, established in 1995, which now forms a substantial part of its business. Operating from its Greenville Highway location, Summey Plumbing has expanded its service area beyond Hendersonville to include regions as far as Charleston, SC, and Fairfax, Virginia. The company prides itself on strong moral and ethical values, viewing its long-tenured employees as family, a philosophy that has driven its success for over four decades. This commitment to its people and customers positions Summey Plumbing as a stalwart in the regional plumbing industry.

How much funding has Summey Plumbing raised?

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

2020

Debt

$150K

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

What's next for Summey Plumbing?

The recent large-scale, late-stage funding, characterized as a major strategic investment, suggests Summey Plumbing is poised for further operational enhancement and market consolidation. Given its long-standing history and established service model, this capital infusion is likely to support fleet modernization, technology adoption for service efficiency, and potentially geographic expansion into adjacent markets. The company's third-generation leadership, coupled with a dedicated workforce, provides a stable foundation for executing strategic initiatives aimed at sustained growth and maintaining its reputation for quality service and ethical business practices.

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Frequently Asked Questions Regarding Summey Plumbing Financial Insights

What are the most recent funding rounds that Summey Plumbing has completed, and what were the funding rounds?
Summey Plumbing has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Summey Plumbing has raised to date?
Summey Plumbing has raised a total of $150K in funding to date.
How many funding rounds has Summey Plumbing completed?
Summey Plumbing has completed 1 funding rounds.
How much funding did Summey Plumbing raise in its most recent funding round?
Summey Plumbing raised $150K in its most recent funding round.
Who are the lead investors in Summey Plumbing's latest funding round?
The lead investor in Summey 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 Summey Plumbing's history?
The largest funding round in Summey Plumbing's history was $150K.
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