How Much Did Draintech Raise?
Funding & Key Investors

Draintech has secured a significant funding round, with the total capital raised reaching $150K. This latest financing event, a {{recentFundingContext}} valued at $150K, underscores the company's robust growth trajectory and its strategic importance in the market. The company's history of securing substantial backing indicates a strong investor confidence in its long-term vision and operational capabilities.

What is Draintech?

Draintech
ConstructionConstruction ManagementConsumer Services

Draintech, established in 1983, is a family-owned and operated business renowned for its prompt and courteous plumbing services. The company prioritizes the use of American-made parts whenever feasible, reinforcing its commitment to quality and domestic sourcing. Recognized for 16 consecutive years as the Voted Best of Story County, Draintech has solidified its reputation as a premier plumbing service provider, consistently delivering reliable solutions to its clientele.

How much funding has Draintech raised?

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

2020

Debt

$150K

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

Key Investors in Draintech

PPP

Public-Private Partnership

What's next for Draintech?

With the infusion of $150K in recent strategic investment, Draintech is poised for accelerated expansion and service enhancement. This large-scale late-stage funding will likely fuel advancements in operational efficiency, technology adoption, and potentially geographic market penetration. The company's sustained success and repeated recognition suggest a strategic focus on customer satisfaction and service excellence, which will be critical as it navigates future growth opportunities and capitalizes on its market position.

See full Draintech company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Civil Engineering ConstructionConstructionMarine Shipping & TransportationTransportation
Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Draintech Financial Insights

What are the most recent funding rounds that Draintech has completed, and what were the funding rounds?
Draintech has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Draintech has raised to date?
Draintech has raised a total of $150K in funding to date.
How many funding rounds has Draintech completed?
Draintech has completed 1 funding rounds.
How much funding did Draintech raise in its most recent funding round?
Draintech raised $150K in its most recent funding round.
Who are the lead investors in Draintech's latest funding round?
The lead investor in Draintech'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 Draintech's history?
The largest funding round in Draintech's history was $150K.
See more information about Draintech