What is Broadway Exterminating?
Broadway Exterminating, a long-standing entity in the pest control industry, has been providing professional products and comprehensive pest control services to the public since 1971. Initially a subsidiary of a larger real estate firm, the company evolved into an independent operation, dedicating the last 15 years to serving the rapidly expanding Upper West Side community from its physical store. The strategic expansion into an online retail presence via broadwaypestcontrol.com has been instrumental in broadening its customer base from hundreds to thousands, demonstrating a consistent year-over-year growth trajectory fueled by a strong emphasis on customer service.
How much funding has Broadway Exterminating raised?
Broadway Exterminating has raised a total of $464K across 2 funding rounds:
Debt
$150K
Debt
$314K
Debt (2020): $150K with participation from PPP
Debt (2021): $314K led by PPP
What's next for Broadway Exterminating?
The substantial capital infusion, characterized as a large-scale late-stage funding, suggests Broadway Exterminating is poised for significant scaling and market penetration. This financial backing will likely be directed towards enhancing operational efficiencies, expanding service areas, and further developing its e-commerce platform to capitalize on its established brand and growing customer demand. The company's history of organic growth, coupled with this strategic investment, positions it for continued success and potential market leadership in professional pest management solutions.
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