How Much Did Zoom Drain Raise?
Funding & Key Investors

Zoom Drain, a prominent operator and franchisor in the drain and sewer services sector, has secured significant capital, with its total funding reaching $350K. The company recently announced a $350K strategic investment, underscoring its robust growth trajectory and market position in the essential home and commercial services industry. This latest financing round signifies a critical juncture for Zoom Drain as it continues to expand its operational footprint and service capabilities.

What is Zoom Drain?

Zoom Drain
ConstructionConstruction ManagementConsumer Services

Zoom Drain specializes in comprehensive drain and sewer repair, maintenance, and installation services, addressing all needs "below the drain." The company distinguishes itself through its highly trained specialists who provide both emergency response and planned maintenance. With corporate units in Philadelphia, Pennsylvania, and Charlotte, North Carolina, Zoom Drain technicians handle a high volume of drain cleaning annually, positioning the company as a leader in its field. Its business model encompasses both direct service operations and a franchise model, enabling widespread market penetration.

How much funding has Zoom Drain raised?

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

2020

Debt

$350K

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

Key Investors in Zoom Drain

PPP

Public-Private Partnership

What's next for Zoom Drain?

The substantial capital infusion, indicated by the $350K in total funding and the recent $350K strategic investment, positions Zoom Drain for accelerated expansion and operational enhancement. As a late-stage company, this financing is likely earmarked for scaling franchise operations, enhancing technological capabilities for service delivery, and potentially expanding into new geographic markets. The strategic nature of the recent investment suggests a focus on strengthening its market leadership and optimizing its service network to meet increasing demand for specialized drain and sewer solutions.

See full Zoom Drain company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Civil Engineering ConstructionConstructionIndustrial Machinery & EquipmentManufacturing
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstructionReal EstateHospitalityHotel Reservations

Frequently Asked Questions Regarding Zoom Drain Financial Insights

What are the most recent funding rounds that Zoom Drain has completed, and what were the funding rounds?
Zoom Drain has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Zoom Drain has raised to date?
Zoom Drain has raised a total of $350K in funding to date.
How many funding rounds has Zoom Drain completed?
Zoom Drain has completed 1 funding rounds.
How much funding did Zoom Drain raise in its most recent funding round?
Zoom Drain raised $350K in its most recent funding round.
Who are the lead investors in Zoom Drain's latest funding round?
The lead investor in Zoom Drain'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 Zoom Drain's history?
The largest funding round in Zoom Drain's history was $350K.
See more information about Zoom Drain