How Much Did 24ResTech Raise?
Funding & Key Investors

24ResTech has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total cumulative investment reaching $150K, the firm is well-positioned to expand its operational footprint. This latest financing round, which contributed $150K to the company balance sheet, underscores investor confidence in the firm's ability to scale its specialized disaster recovery services within a competitive market landscape.

What is 24ResTech?

24ResTech
Business ServicesField Service ManagementConsumer Services

Headquartered in Puyallup, Washington, 24ResTech operates as a critical infrastructure provider within the property restoration sector. The company specializes in high-stakes emergency response, offering comprehensive solutions for water and fire damage, mold remediation, asbestos abatement, and biohazard cleanup. By maintaining a 24/7 operational model, 24ResTech serves as a vital partner for both residential and commercial property owners, focusing on rapid mitigation to preserve asset value and ensure structural integrity following catastrophic events. Their market position is defined by technical proficiency and the ability to execute complex restoration projects under time-sensitive conditions.

How much funding has 24ResTech raised?

24ResTech has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in 24ResTech

PPP

Public-Private Partnership

What's next for 24ResTech?

Following this major strategic investment, 24ResTech is expected to prioritize the scaling of its service delivery capabilities and the enhancement of its emergency response logistics. The late-stage funding context suggests a transition toward broader market penetration and potential geographic expansion. By leveraging this capital, the firm aims to solidify its reputation as a leader in disaster recovery, likely investing in advanced remediation technologies and workforce development to meet the increasing demand for professional property restoration services. Future growth will likely hinge on the company's ability to maintain its high-service standards while managing the complexities of large-scale disaster recovery operations.

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Frequently Asked Questions Regarding 24ResTech Financial Insights

What are the most recent funding rounds that 24ResTech has completed, and what were the funding rounds?
24ResTech has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding 24ResTech has raised to date?
24ResTech has raised a total of $150K in funding to date.
How many funding rounds has 24ResTech completed?
24ResTech has completed 1 funding rounds.
How much funding did 24ResTech raise in its most recent funding round?
24ResTech raised $150K in its most recent funding round.
Who are the lead investors in 24ResTech's latest funding round?
The lead investor in 24ResTech'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 24ResTech's history?
The largest funding round in 24ResTech's history was $150K.
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