How Much Did BelRed Raise?
Funding & Key Investors

BelRed, a prominent service provider in Seattle, WA, has secured $350K in total capital, with a recent strategic investment of $350K. This significant backing underscores the company's established position in the competitive home services market and its trajectory towards further expansion.

What is BelRed?

BelRed
RetailHome Improvement & Hardware RetailConsumer Services

BelRed Heating, Cooling, Plumbing & Electrical is a comprehensive service provider operating in the Pacific Northwest, with a strong focus on the Seattle metropolitan area, including Bellevue, Kirkland, and Everett. The company offers a full spectrum of essential home services, encompassing heating, cooling, plumbing, and electrical solutions. With a legacy spanning over 35 years, BelRed has built a reputation for delivering quality workmanship, prioritizing safety, and ensuring customer satisfaction. Their service offerings include critical repairs, installations, and ongoing maintenance for HVAC systems, alongside expert plumbing and electrical upgrade services. The company's commitment is further evidenced by a lifetime limited warranty on its completed jobs, positioning it as a trusted partner for homeowners seeking reliable and durable home solutions.

How much funding has BelRed raised?

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

2020

Debt

$350K

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

Key Investors in BelRed

PPP

Public-Private Partnership

What's next for BelRed?

The substantial late-stage funding and recent strategic investment signal BelRed's readiness for accelerated growth and market penetration. This capital infusion is likely to be directed towards enhancing operational efficiencies, expanding service territories, and potentially integrating new technologies to further solidify its market leadership. The company's focus on customer satisfaction and its long-standing experience provide a robust foundation for leveraging this investment to capture greater market share and reinforce its brand as a premier provider of essential home services.

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Frequently Asked Questions Regarding BelRed Financial Insights

What are the most recent funding rounds that BelRed has completed, and what were the funding rounds?
BelRed has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding BelRed has raised to date?
BelRed has raised a total of $350K in funding to date.
How many funding rounds has BelRed completed?
BelRed has completed 1 funding rounds.
How much funding did BelRed raise in its most recent funding round?
BelRed raised $350K in its most recent funding round.
Who are the lead investors in BelRed's latest funding round?
The lead investor in BelRed'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 BelRed's history?
The largest funding round in BelRed's history was $350K.
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