How Much Did Appliance Magic Raise?
Funding & Key Investors

Appliance Magic has secured a total of $18K in capital, with its most recent financing round bringing in $18K. This infusion of moderate growth capital positions the company within a Series A/B growth stage, indicating a strategic phase for scaling operations and market expansion in the home services sector.

What is Appliance Magic?

Appliance Magic
Consumer ServicesRepair Services

Appliance Magic is a well-established, locally operated business based in Middle Georgia, specializing in expert appliance repair, comprehensive electrical services, and professional dryer vent cleaning for residential clients. Since its inception in 2011, the company has built a reputation for rapid response times, transparent upfront pricing, and a strong satisfaction guarantee across all major appliance brands. Their team of licensed and insured technicians is committed to delivering dependable workmanship and adhering to safety compliance standards, ensuring high-quality service delivery within the community. A one-year warranty on repairs underscores their dedication to customer satisfaction and long-term service excellence.

How much funding has Appliance Magic raised?

Appliance Magic has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in Appliance Magic

PPP

Public-Private Partnership

What's next for Appliance Magic?

With the recent backing, Appliance Magic is poised for accelerated growth, likely focusing on expanding its service area within Middle Georgia, enhancing its technical capabilities, and potentially broadening its service portfolio. The Series A/B growth stage suggests strategic investments in operational efficiency, marketing initiatives to capture a larger market share, and possibly the adoption of new technologies to streamline service delivery. This capital infusion is expected to fortify its competitive position against other regional service providers and solidify its commitment to providing reliable, high-quality home repair solutions.

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Frequently Asked Questions Regarding Appliance Magic Financial Insights

What are the most recent funding rounds that Appliance Magic has completed, and what were the funding rounds?
Appliance Magic has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Appliance Magic has raised to date?
Appliance Magic has raised a total of $18K in funding to date.
How many funding rounds has Appliance Magic completed?
Appliance Magic has completed 1 funding rounds.
How much funding did Appliance Magic raise in its most recent funding round?
Appliance Magic raised $18K in its most recent funding round.
Who are the lead investors in Appliance Magic's latest funding round?
The lead investor in Appliance Magic'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 Appliance Magic's history?
The largest funding round in Appliance Magic's history was $18K.
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