How Much Did Dan-Marc Appliance Raise?
Funding & Key Investors

Dan-Marc Appliance has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the company's robust position as a dominant service provider in the appliance maintenance sector. By leveraging this strategic investment, the firm aims to solidify its operational footprint across Northern and Central New Jersey, New York City, and surrounding metropolitan areas, ensuring continued excellence in its role as a premier service partner for major manufacturers.

What is Dan-Marc Appliance?

Dan-Marc Appliance
Consumer ServicesRepair Services

With a legacy spanning over three decades, Dan-Marc Appliance has established itself as a critical infrastructure player in the appliance repair industry. Boasting a highly skilled workforce of 65 certified technicians, the company provides specialized, factory-certified care that distinguishes it from generalist competitors. Its status as the primary service provider for Whirlpool Corporation in the region highlights its technical proficiency and reliability. The company operates at the intersection of consumer hardware maintenance and industrial-grade service logistics, maintaining a high-barrier-to-entry market position through deep-rooted manufacturer relationships and a dense, localized service network.

How much funding has Dan-Marc Appliance raised?

Dan-Marc Appliance has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Dan-Marc Appliance

PPP

Public-Private Partnership

What's next for Dan-Marc Appliance?

The infusion of capital is expected to catalyze the next phase of the company's growth trajectory, focusing on the optimization of its service delivery model and the potential expansion of its technical workforce. As the firm navigates the complexities of late-stage scaling, the strategic allocation of these funds will likely prioritize the integration of advanced diagnostic technologies and the enhancement of its regional logistics capabilities. By reinforcing its partnership with major OEMs, Dan-Marc Appliance is well-positioned to capture additional market share in the high-demand appliance service sector, effectively transitioning from a regional leader to a more scalable, technology-enabled service enterprise.

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Frequently Asked Questions Regarding Dan-Marc Appliance Financial Insights

What are the most recent funding rounds that Dan-Marc Appliance has completed, and what were the funding rounds?
Dan-Marc Appliance has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Dan-Marc Appliance has raised to date?
Dan-Marc Appliance has raised a total of $350K in funding to date.
How many funding rounds has Dan-Marc Appliance completed?
Dan-Marc Appliance has completed 1 funding rounds.
How much funding did Dan-Marc Appliance raise in its most recent funding round?
Dan-Marc Appliance raised $350K in its most recent funding round.
Who are the lead investors in Dan-Marc Appliance's latest funding round?
The lead investor in Dan-Marc Appliance'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 Dan-Marc Appliance's history?
The largest funding round in Dan-Marc Appliance's history was $350K.
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