How Much Did B&D Lock Raise?
Funding & Key Investors

B&D Lock has successfully secured a significant capital injection, bringing its total funding to $86K. This latest financing round, which accounts for $86K, underscores the firm's robust position within the regional security services sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and solidify its footprint in the competitive Virginia market.

The infusion of resources marks a pivotal moment for the organization, transitioning from a long-standing local service provider to a more technologically integrated security firm. This strategic move reflects a broader trend of institutional interest in specialized, high-reliability service providers that maintain critical physical security infrastructure.

What is B&D Lock?

B&D Lock
Consumer ServicesRepair Services

Based in Roanoke, Virginia, B&D Lock operates as a premier locksmith and security hardware provider with over four decades of operational history. The company distinguishes itself through an extensive inventory and a dedicated showroom, serving a diverse clientele that spans residential homeowners and commercial enterprises across multiple counties. Their service portfolio encompasses complex lockout solutions, on-site security assessments, and professional safe installations, all executed by a team of highly trained technicians.

By maintaining the largest inventory in the Roanoke area, B&D Lock has established a significant competitive moat. Their commitment to technical proficiency and service integrity has allowed them to capture a substantial market share, positioning them as a cornerstone of regional security infrastructure.

How much funding has B&D Lock raised?

B&D Lock has raised a total of $86K across 1 funding round:

2021

Debt

$86K

Debt (2021): $86K with participation from PPP

Key Investors in B&D Lock

PPP

Public-Private Partnership

What's next for B&D Lock?

With the recent influx of capital, B&D Lock is expected to prioritize the modernization of its service delivery models and the expansion of its commercial security offerings. The strategic roadmap likely includes upgrading digital inventory management systems and potentially scaling their technician workforce to meet the rising demand for advanced access control solutions. As the company navigates this growth phase, the focus will remain on balancing their traditional service excellence with the integration of modern, high-tech security hardware to address the evolving needs of their commercial client base. This investment serves as a catalyst for long-term operational efficiency and market leadership.

See full B&D Lock company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Consumer Services industry

ChildcareConsumer ServicesEducationTraining
Car & Truck RentalConsumer Services
Consumer ServicesRepair Services
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Frequently Asked Questions Regarding B&D Lock Financial Insights

What are the most recent funding rounds that B&D Lock has completed, and what were the funding rounds?
B&D Lock has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding B&D Lock has raised to date?
B&D Lock has raised a total of $86K in funding to date.
How many funding rounds has B&D Lock completed?
B&D Lock has completed 1 funding rounds.
How much funding did B&D Lock raise in its most recent funding round?
B&D Lock raised $86K in its most recent funding round.
Who are the lead investors in B&D Lock's latest funding round?
The lead investor in B&D Lock'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 B&D Lock's history?
The largest funding round in B&D Lock's history was $86K.
See more information about B&D Lock