What is 217?
Headquartered in Champaign, Illinois, 217, Inc. operates as a comprehensive provider of critical infrastructure and maintenance services. The firm specializes in a diverse portfolio that includes HVAC installation and repair, plumbing, sewer and drain cleaning, as well as specialized excavation and underground pipe lining. With a workforce comprised of NATE- and EPA-certified technicians, the company maintains a 24/7 operational model to serve residential, commercial, industrial, and municipal clients. Their commitment to technical excellence and customer-centric service, including specialized financing options and support for military personnel, has established them as a cornerstone of the local utility and construction maintenance market.
How much funding has 217 raised?
217 has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in 217
PPP
Public-Private Partnership
What's next for 217?
With the recent capital deployment, 217, Inc. is positioned to scale its service infrastructure and potentially broaden its geographic reach. The strategic focus will likely center on enhancing operational efficiency through advanced diagnostic tools and expanding its fleet to meet the increasing demand for industrial and municipal pipe lining projects. As the company transitions into this next phase of development, the emphasis remains on maintaining high-quality service standards while optimizing its internal resource allocation to capitalize on the growing need for reliable, round-the-clock utility maintenance in the Midwest.
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