How Much Did Groutastic Raise?
Funding & Key Investors

Groutastic has secured $11K in total funding, with its most recent capital infusion amounting to $11K. This moderate growth capital positions the company for its next phase of expansion within the home services sector.

What is Groutastic?

Groutastic
Consumer ServicesCleaning ServicesRepair Services

Groutastic is a family-owned business with nearly two decades of experience specializing in the cleaning, restoration, and maintenance of tile, grout, stone, and carpets. Serving Nassau and Suffolk counties, the company offers a comprehensive suite of services, including deep cleaning, sealing, regrouting, and outdoor paver maintenance. Groutastic emphasizes the use of eco-friendly products and state-of-the-art equipment to deliver high-quality results, underpinned by a commitment to professionalism and customer satisfaction for both residential and commercial clients seeking to enhance the aesthetic appeal of their surfaces.

How much funding has Groutastic raised?

Groutastic has raised a total of $11K across 1 funding round:

2021

Debt

$11K

Debt (2021): $11K with participation from PPP

What's next for Groutastic?

As Groutastic operates within the Series A/B growth stage, the recent funding is expected to fuel strategic initiatives aimed at expanding its service area, enhancing operational efficiency, and potentially broadening its service offerings. The company's focus on specialized surface care and its established reputation in Nassau and Suffolk counties provide a solid foundation for scaling its business model. Future investments may target technological advancements in cleaning and restoration, as well as marketing efforts to reach a wider customer base seeking professional maintenance solutions.

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Frequently Asked Questions Regarding Groutastic Financial Insights

What are the most recent funding rounds that Groutastic has completed, and what were the funding rounds?
Groutastic has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Groutastic has raised to date?
Groutastic has raised a total of $11K in funding to date.
How many funding rounds has Groutastic completed?
Groutastic has completed 1 funding rounds.
How much funding did Groutastic raise in its most recent funding round?
Groutastic raised $11K in its most recent funding round.
Who are the lead investors in Groutastic's latest funding round?
The lead investor in Groutastic'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 Groutastic's history?
The largest funding round in Groutastic's history was $11K.
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