How Much Did Hydrofire Raise?
Funding & Key Investors

Hydrofire, a minority-owned professional fire protection business, has secured significant capital, with total funding reaching $375K. The company recently announced a major strategic investment of $225K, underscoring its growth trajectory in the fire protection sector. This latest financing round follows previous debt financing, indicating a shift towards strategic capital infusion to fuel expansion and operational enhancements.

What is Hydrofire?

Hydrofire
ConstructionConstruction ManagementArchitecture, Engineering & Design

Hydrofire specializes in comprehensive fire sprinkler system design, installation, service, inspection, and testing. Serving commercial, residential, and industrial clients across Georgia, Alabama, and South Carolina, the company offers 24-hour emergency response and repair services. Licensed, bonded, and insured, Hydrofire emphasizes professionalism and safety, with all employees rigorously trained in safety procedures and regulations. Their commitment to robust fire protection solutions positions them as a key player in the regional market.

How much funding has Hydrofire raised?

Hydrofire has raised a total of $375K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$225K

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

Debt (2021): $225K led by PPP

What's next for Hydrofire?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Hydrofire's readiness for significant scaling and market penetration. This capital infusion is likely to be directed towards expanding service capabilities, enhancing technological infrastructure for system design and monitoring, and potentially broadening geographic reach. The company's focus on professional services and safety compliance, combined with this strategic backing, positions it for accelerated growth and increased market share in the competitive fire protection industry.

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Frequently Asked Questions Regarding Hydrofire Financial Insights

What are the most recent funding rounds that Hydrofire has completed, and what were the funding rounds?
Hydrofire has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Hydrofire has raised to date?
Hydrofire has raised a total of $375K in funding to date.
How many funding rounds has Hydrofire completed?
Hydrofire has completed 2 funding rounds.
How much funding did Hydrofire raise in its most recent funding round?
Hydrofire raised $225K in its most recent funding round.
Who are the lead investors in Hydrofire's latest funding round?
The lead investor in Hydrofire'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 Hydrofire's history?
The largest funding round in Hydrofire's history was $225K.
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