How Much Did 24ResTech Raise?
Funding & Key Investors

24ResTech has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment, bringing in $150K in new financing. This latest round of backing underscores the company's established presence and its strategic importance within the disaster restoration sector, positioning it for continued expansion and operational enhancement.

What is 24ResTech?

24ResTech
Business ServicesField Service ManagementConsumer Services

24ResTech is a comprehensive fire and water damage restoration company headquartered in Puyallup, Washington. The firm specializes in providing immediate emergency response and extensive disaster restoration services. Its service portfolio includes critical solutions such as water damage restoration, fire damage restoration, mold removal, asbestos abatement, and biohazard cleanup. 24ResTech targets both residential and commercial property owners who require swift and effective intervention following catastrophic events. The company operates on a 24/7 emergency service model, aiming to minimize property damage and expedite the restoration process.

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?

The substantial capital infusion, particularly the recent strategic investment, indicates that 24ResTech is poised for significant growth and operational scaling. This late-stage funding will likely be allocated towards expanding service capabilities, enhancing technological infrastructure for faster response times, and potentially broadening its geographic reach. The company's focus on emergency services suggests a strategy centered on solidifying its market leadership and increasing its capacity to handle large-scale restoration projects, thereby reinforcing its position as a key player in the disaster recovery industry.

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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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