How Much Did Able Plumbing Raise?
Funding & Key Investors

Able Plumbing has secured a total funding of $295K, with its most recent capital infusion amounting to $145K. This significant strategic investment marks a major milestone for the company, positioning it for substantial growth within the competitive plumbing services sector. The company's late-stage funding context suggests a focus on scaling operations and expanding market reach.

What is Able Plumbing?

Able Plumbing
ConstructionConstruction ManagementConsumer Services

Able Plumbing Inc. is a family-owned enterprise specializing in comprehensive plumbing solutions, offering 24/7 emergency services for both residential and commercial clientele. Established in 2008, the company has built a reputation for quality workmanship and exceptional customer care. Their service portfolio encompasses critical repairs such as leak detection and resolution, thorough drain cleaning, professional fixture installations, and tailored commercial plumbing strategies designed to minimize operational downtime for businesses. Able Plumbing is committed to delivering efficient and reliable solutions for all plumbing requirements.

How much funding has Able Plumbing raised?

Able Plumbing has raised a total of $295K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$145K

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

Debt (2021): $145K led by PPP

What's next for Able Plumbing?

With the recent major strategic investment and its position in large-scale late-stage funding, Able Plumbing is poised for significant expansion. This capital infusion is likely to fuel initiatives aimed at enhancing service capacity, potentially through the acquisition of new equipment, expansion of its skilled workforce, and the adoption of advanced technologies to improve service delivery and customer experience. The company may also explore geographic expansion to new markets or deepen its penetration in existing ones, solidifying its role as a leading provider of emergency and commercial plumbing services.

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Frequently Asked Questions Regarding Able Plumbing Financial Insights

What are the most recent funding rounds that Able Plumbing has completed, and what were the funding rounds?
Able Plumbing has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Able Plumbing has raised to date?
Able Plumbing has raised a total of $295K in funding to date.
How many funding rounds has Able Plumbing completed?
Able Plumbing has completed 2 funding rounds.
How much funding did Able Plumbing raise in its most recent funding round?
Able Plumbing raised $145K in its most recent funding round.
Who are the lead investors in Able Plumbing's latest funding round?
The lead investor in Able Plumbing'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 Able Plumbing's history?
The largest funding round in Able Plumbing's history was $150K.
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