What is DryTech?
DryTech Restoration & Construction Company is a seasoned provider of disaster remediation and restoration services, catering to both residential and commercial clients across the Twin Cities metropolitan area. With over two decades of operational experience, the company offers a comprehensive suite of solutions, including water damage mitigation, fire damage restoration, mold abatement, and storm damage recovery. Beyond its core remediation services, DryTech extends its expertise to full-service construction and remodeling, collaborating with architects and designers to realize client visions. Their operational ethos emphasizes rapid response and end-to-end service delivery, aiming to facilitate effective recovery and rebuilding processes for clients navigating post-disaster scenarios.
How much funding has DryTech raised?
DryTech has raised a total of $339K across 2 funding rounds:
Debt
$150K
Debt
$189K
Debt (2020): $150K with participation from PPP
Debt (2021): $189K led by PPP
What's next for DryTech?
The recent strategic investment positions DryTech for continued expansion and operational enhancement, particularly given its large-scale late-stage funding context. This capital infusion is likely to fuel advancements in service technology, geographic reach, or the scaling of its construction division. As a company with a long-standing reputation for comprehensive disaster recovery and construction, DryTech is poised to leverage this financial backing to solidify its market leadership and potentially explore new service verticals or strategic partnerships within the restoration and building industries.
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