How Much Did 24Restore Raise?
Funding & Key Investors

24Restore has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position in the property restoration market and its potential for continued expansion.

What is 24Restore?

24Restore
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConsumer Services

24Restore is a Twin Cities-based provider of comprehensive restoration services, addressing critical needs such as water damage, fire and smoke damage, storm damage, mold remediation, and trauma cleanup. With over three decades of industry experience, the company offers 24/7 emergency response, ensuring prompt and professional assistance for both residential and commercial properties. As a locally owned and BBB-accredited business, 24Restore is committed to restoring properties to their pre-damage condition, providing free in-home estimates to facilitate swift and effective solutions.

How much funding has 24Restore raised?

24Restore has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for 24Restore?

The substantial capital infusion, particularly the recent strategic investment, positions 24Restore for significant growth and operational enhancement. This funding is likely to fuel expansion into new markets, bolster technological capabilities for more efficient restoration processes, and potentially increase the company's fleet and specialized equipment. The company's focus on emergency services and its extensive experience suggest a strategic direction aimed at solidifying its leadership in disaster recovery and property restoration, leveraging this investment to enhance service delivery and client satisfaction.

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Frequently Asked Questions Regarding 24Restore Financial Insights

What are the most recent funding rounds that 24Restore has completed, and what were the funding rounds?
24Restore has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding 24Restore has raised to date?
24Restore has raised a total of $350K in funding to date.
How many funding rounds has 24Restore completed?
24Restore has completed 1 funding rounds.
How much funding did 24Restore raise in its most recent funding round?
24Restore raised $350K in its most recent funding round.
Who are the lead investors in 24Restore's latest funding round?
The lead investor in 24Restore'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 24Restore's history?
The largest funding round in 24Restore's history was $350K.
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