How Much Did Dependable Painting Raise?
Funding & Key Investors

Dependable Painting, a cornerstone of the regional construction and maintenance sector since 1928, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $150K, represents a significant milestone in the firm's long-standing history. When aggregated with previous financing rounds, the company has reached a cumulative total funding amount of $150K. This financial backing underscores the market's confidence in the firm's enduring commitment to quality and service excellence, positioning the organization for continued expansion within the competitive industrial and commercial painting landscape.

What is Dependable Painting?

Dependable Painting
ConstructionConstruction Management

Founded by HC Hansen, Dependable Painting has evolved from a local family-owned enterprise into a sophisticated service provider under the leadership of Cindy Friedmann and Don Hansen. The company specializes in high-stakes painting and taping services, maintaining a robust presence in the Northeast Ohio market. By integrating deep industry expertise with a legacy of reliability, the firm serves a diverse portfolio of clients, including building owners and property managers. Their active participation in professional organizations such as the Northeast Ohio Painting and Taping Contractors of America and the Building Owners & Managers Association highlights their commitment to industry standards and regulatory compliance. The firm's operational philosophy remains rooted in the principles established nearly a century ago, ensuring that every project meets rigorous quality benchmarks.

How much funding has Dependable Painting raised?

Dependable Painting has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Dependable Painting

PPP

Public-Private Partnership

What's next for Dependable Painting?

With the recent influx of capital, Dependable Painting is strategically positioned to modernize its service delivery and expand its footprint in the commercial infrastructure sector. The leadership team, leveraging their extensive experience in financial management and trade association governance, is expected to prioritize the scaling of their workforce and the adoption of advanced coating technologies. As the firm navigates the complexities of the current economic environment, this late-stage financing provides the necessary liquidity to pursue larger-scale contracts and enhance operational efficiencies. By maintaining its core values while embracing modern business practices, Dependable Painting is well-equipped to sustain its growth trajectory and reinforce its reputation as a premier provider of specialized construction services.

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Frequently Asked Questions Regarding Dependable Painting Financial Insights

What are the most recent funding rounds that Dependable Painting has completed, and what were the funding rounds?
Dependable Painting has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Dependable Painting has raised to date?
Dependable Painting has raised a total of $150K in funding to date.
How many funding rounds has Dependable Painting completed?
Dependable Painting has completed 1 funding rounds.
How much funding did Dependable Painting raise in its most recent funding round?
Dependable Painting raised $150K in its most recent funding round.
Who are the lead investors in Dependable Painting's latest funding round?
The lead investor in Dependable Painting'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 Dependable Painting's history?
The largest funding round in Dependable Painting's history was $150K.
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