How Much Did First Class Plumbing Raise?
Funding & Key Investors

First Class Plumbing has secured $730K in total capital, with its most recent financing round bringing in $380K in a major strategic investment. This enterprise-level funding underscores the company's established presence and growth trajectory in the plumbing services sector.

What is First Class Plumbing?

First Class Plumbing
RetailHome Improvement & Hardware RetailConsumer Services

First Class Plumbing, a woman-owned business established in 2004 and based in Annapolis, MD, offers comprehensive, licensed, and insured plumbing services to residential and commercial clients across the DC Metro Area. The company specializes in a wide array of services, including routine repairs, advanced drain cleaning, emergency plumbing solutions, and remodeling projects. Known for its 24/7 availability and a strong commitment to customer satisfaction, First Class Plumbing, under the leadership of founders Mary Ann Judith and Michael Magnolia, employs certified plumbers dedicated to ensuring the optimal functionality of properties.

How much funding has First Class Plumbing raised?

First Class Plumbing has raised a total of $730K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$380K

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

Debt (2021): $380K led by PPP

Key Investors in First Class Plumbing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for First Class Plumbing?

The recent major strategic investment signifies a pivotal moment for First Class Plumbing, positioning it for significant expansion and service enhancement. This capital infusion is expected to fuel operational scaling, potentially enabling the company to broaden its service area, invest in advanced plumbing technologies, and further strengthen its team of certified professionals. The company's focus on emergency services and remodeling, combined with its established reputation, suggests a strategic direction aimed at capturing a larger market share and solidifying its position as a leading provider in the competitive DC Metro plumbing industry.

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Frequently Asked Questions Regarding First Class Plumbing Financial Insights

What are the most recent funding rounds that First Class Plumbing has completed, and what were the funding rounds?
First Class Plumbing has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 9, 2020.
What is the total amount of funding First Class Plumbing has raised to date?
First Class Plumbing has raised a total of $730K in funding to date.
How many funding rounds has First Class Plumbing completed?
First Class Plumbing has completed 2 funding rounds.
How much funding did First Class Plumbing raise in its most recent funding round?
First Class Plumbing raised $380K in its most recent funding round.
Who are the lead investors in First Class Plumbing's latest funding round?
The lead investor in First Class Plumbing'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 First Class Plumbing's history?
The largest funding round in First Class Plumbing's history was $380K.
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