How Much Did CGM Plumbing Raise?
Funding & Key Investors

CGM Plumbing has successfully secured a significant capital injection, bringing its total funding to $150K. This latest round, characterized by a $150K major strategic investment, underscores the firm's robust position within the competitive construction and infrastructure sector. By leveraging this financial backing, the company aims to solidify its operational footprint across the Santa Barbara and Los Angeles corridors, ensuring sustained growth in a capital-intensive industry.

What is CGM Plumbing?

CGM Plumbing
ConstructionConstruction ManagementArchitecture, Engineering & Design

Operating as Cal Coast Plumbing, Inc., the firm represents a legacy entity with nearly five decades of specialized expertise in the plumbing and mechanical contracting space. The company maintains a dual-focus business model, providing comprehensive plumbing solutions for both residential and commercial new construction projects, alongside complex tenant improvements and large-scale remodels. By positioning itself as a high-tier subcontractor, CGM Plumbing distinguishes its market presence through a commitment to rigorous engineering standards and strict adherence to project timelines, effectively serving as a critical partner for developers and general contractors throughout Southern California.

How much funding has CGM Plumbing raised?

CGM Plumbing has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in CGM Plumbing

PPP

Public-Private Partnership

What's next for CGM Plumbing?

With the recent infusion of capital, CGM Plumbing is well-positioned to scale its service delivery capabilities and optimize its supply chain management. The strategic allocation of these funds will likely focus on enhancing technical infrastructure and expanding the workforce of master plumbers to meet the rising demand for high-quality mechanical installations in the regional construction market. As the company transitions into this next phase of maturity, the focus will remain on maintaining operational excellence while exploring opportunities to increase market share in the competitive Los Angeles and Santa Barbara metropolitan areas.

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Frequently Asked Questions Regarding CGM Plumbing Financial Insights

What are the most recent funding rounds that CGM Plumbing has completed, and what were the funding rounds?
CGM Plumbing has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding CGM Plumbing has raised to date?
CGM Plumbing has raised a total of $150K in funding to date.
How many funding rounds has CGM Plumbing completed?
CGM Plumbing has completed 1 funding rounds.
How much funding did CGM Plumbing raise in its most recent funding round?
CGM Plumbing raised $150K in its most recent funding round.
Who are the lead investors in CGM Plumbing's latest funding round?
The lead investor in CGM 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 CGM Plumbing's history?
The largest funding round in CGM Plumbing's history was $150K.
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