How Much Did JB Passmore Raise?
Funding & Key Investors

JB Passmore has solidified its market position through a significant capital infusion, securing a total funding amount of $350K. This recent financing, totaling $350K, underscores the firm's operational resilience and its capacity to scale within the competitive facility maintenance sector. By leveraging this strategic investment, the company is well-positioned to enhance its service delivery infrastructure for national commercial accounts.

What is JB Passmore?

JB Passmore
ConstructionConstruction Management

JB Passmore Inc. operates as a specialized facility contractor with a legacy spanning over six decades. The firm provides comprehensive maintenance and repair solutions tailored for large-scale commercial entities, including retail chains, restaurant groups, and fuel service stations. By prioritizing accessibility and technical expertise, the company has established itself as a critical partner for organizations requiring consistent, high-quality facility upkeep. Their business model focuses on streamlining the renovation and repair lifecycle, ensuring that national accounts maintain operational continuity across diverse geographic footprints.

How much funding has JB Passmore raised?

JB Passmore has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in JB Passmore

PPP

Public-Private Partnership

What's next for JB Passmore?

With the recent influx of capital, JB Passmore is expected to prioritize the modernization of its service management platforms and the expansion of its technician network. Given the company's late-stage lifecycle, the focus will likely shift toward optimizing operational efficiencies and deepening its penetration into the national retail and hospitality markets. Future growth strategies will likely involve integrating advanced diagnostic tools to improve response times and service reliability, further cementing their reputation as a premier provider of commercial facility solutions.

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Frequently Asked Questions Regarding JB Passmore Financial Insights

What are the most recent funding rounds that JB Passmore has completed, and what were the funding rounds?
JB Passmore has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding JB Passmore has raised to date?
JB Passmore has raised a total of $350K in funding to date.
How many funding rounds has JB Passmore completed?
JB Passmore has completed 1 funding rounds.
How much funding did JB Passmore raise in its most recent funding round?
JB Passmore raised $350K in its most recent funding round.
Who are the lead investors in JB Passmore's latest funding round?
The lead investor in JB Passmore'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 JB Passmore's history?
The largest funding round in JB Passmore's history was $350K.
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