How Much Did Dependable Repair Services Raise?
Funding & Key Investors

Dependable Repair Services has successfully secured a major strategic investment, marking a significant milestone in its operational evolution. With a cumulative capital infusion reaching $150K, the firm is well-positioned to solidify its dominance in the regional maintenance sector. This latest injection of $150K serves as a testament to the company's enduring market relevance and its ability to scale complex service infrastructures in a competitive landscape.

What is Dependable Repair Services?

Dependable Repair Services
Consumer ServicesRepair Services

Established in 1970, Dependable Repair Services stands as a cornerstone of the Atlanta maintenance market, specializing in the technical upkeep of commercial and residential ice machine systems. By maintaining a fleet of EPA-certified technicians, the company has cultivated a reputation for reliability, servicing high-end industry brands such as Hoshizaki, Scotsman, and Manitowoc. Their business model, which prioritizes 24/7 emergency response and comprehensive parts-and-labor warranties, provides a robust foundation for long-term service contracts and recurring revenue streams within the hospitality and food service sectors.

How much funding has Dependable Repair Services raised?

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

2020

Debt

$150K

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

Key Investors in Dependable Repair Services

PPP

Public-Private Partnership

What's next for Dependable Repair Services?

The recent capital allocation is expected to catalyze the expansion of the company's service footprint and the modernization of its dispatch and diagnostic technologies. By leveraging this late-stage financing, Dependable Repair Services aims to optimize its supply chain logistics and potentially integrate advanced predictive maintenance software to reduce downtime for its commercial clientele. As the firm transitions into this next phase of growth, the focus will likely shift toward increasing market penetration across the broader metropolitan area while maintaining the high-touch service standards that have defined its five-decade history.

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Frequently Asked Questions Regarding Dependable Repair Services Financial Insights

What are the most recent funding rounds that Dependable Repair Services has completed, and what were the funding rounds?
Dependable Repair Services has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Dependable Repair Services has raised to date?
Dependable Repair Services has raised a total of $150K in funding to date.
How many funding rounds has Dependable Repair Services completed?
Dependable Repair Services has completed 1 funding rounds.
How much funding did Dependable Repair Services raise in its most recent funding round?
Dependable Repair Services raised $150K in its most recent funding round.
Who are the lead investors in Dependable Repair Services's latest funding round?
The lead investor in Dependable Repair Services'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 Repair Services's history?
The largest funding round in Dependable Repair Services's history was $150K.
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