How Much Did Drain Right Services Raise?
Funding & Key Investors

Drain Right Services has secured significant capital, with total funding reaching $350K and a recent strategic investment of $350K. This latest financing round underscores the company's established presence and growth trajectory in the competitive home services sector.

What is Drain Right Services?

Drain Right Services
ConstructionConstruction ManagementConsumer Services

Drain Right Services is a prominent provider of essential home maintenance solutions, specializing in plumbing, drain cleaning, and HVAC services. Serving the Gardena, Torrance, and broader South Bay regions of Los Angeles, including Orange County, the company distinguishes itself with a commitment to 24/7 emergency availability and complimentary estimates. Their operational model emphasizes rapid, effective problem resolution for both residential and commercial clientele, employing advanced techniques such as hydro-jetting for superior drain clearance and expert HVAC repair to ensure optimal environmental comfort. With a foundational pricing strategy that can begin as low as $45, Drain Right Services prioritizes delivering high-quality, cost-effective solutions, aiming for first-time job completion accuracy.

How much funding has Drain Right Services raised?

Drain Right Services has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Drain Right Services?

The substantial backing indicated by the $350K and the recent $350K suggests Drain Right Services is poised for significant expansion and operational enhancement. This large-scale, late-stage funding likely signals a strategic move towards scaling service areas, investing in advanced technology, and potentially broadening its service portfolio. The company's focus on quality and affordability, coupled with its established market penetration in Southern California, positions it for continued growth and market leadership in the home services industry.

See full Drain Right Services company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstructionSoftwareStorage & System Management Software
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstructionArchitecture, Engineering & Design
Construction ManagementConstructionReal Estate

Frequently Asked Questions Regarding Drain Right Services Financial Insights

What are the most recent funding rounds that Drain Right Services has completed, and what were the funding rounds?
Drain Right Services has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Drain Right Services has raised to date?
Drain Right Services has raised a total of $350K in funding to date.
How many funding rounds has Drain Right Services completed?
Drain Right Services has completed 1 funding rounds.
How much funding did Drain Right Services raise in its most recent funding round?
Drain Right Services raised $350K in its most recent funding round.
Who are the lead investors in Drain Right Services's latest funding round?
The lead investor in Drain Right 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 Drain Right Services's history?
The largest funding round in Drain Right Services's history was $350K.
See more information about Drain Right Services