How Much Did JF McDermott Raise?
Funding & Key Investors

JF McDermott has secured $57K in recent financing, contributing to a total funding amount of $57K. This capital infusion marks a significant stage for the company, likely indicating a Series B or C round aimed at substantial expansion.

What is JF McDermott?

JF McDermott
RetailHome Improvement & Hardware RetailOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)

JF McDermott Corporation is a long-standing stocking dealer in the water and wastewater industry, serving the New England region for over 70 years. The company represents top manufacturers, offering a multi-million dollar inventory of tools, supplies, and equipment to support a diverse clientele, including municipalities and independent contractors. Their services span utilities maintenance and environmental concerns, positioning them as a key provider of essential infrastructure solutions.

How much funding has JF McDermott raised?

JF McDermott has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for JF McDermott?

With the recent substantial expansion capital, JF McDermott is poised for significant growth. The company's strategic focus will likely involve enhancing its inventory, expanding its service reach within New England, and potentially investing in new technologies to address evolving water and wastewater challenges. This financing underscores a commitment to strengthening its market position and continuing its legacy of providing industry-leading equipment and service.

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Frequently Asked Questions Regarding JF McDermott Financial Insights

What are the most recent funding rounds that JF McDermott has completed, and what were the funding rounds?
JF McDermott has recently completed 1 funding rounds: Debt on Jan 29, 2021.
What is the total amount of funding JF McDermott has raised to date?
JF McDermott has raised a total of $57K in funding to date.
How many funding rounds has JF McDermott completed?
JF McDermott has completed 1 funding rounds.
How much funding did JF McDermott raise in its most recent funding round?
JF McDermott raised $57K in its most recent funding round.
Who are the lead investors in JF McDermott's latest funding round?
The lead investor in JF McDermott'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 JF McDermott's history?
The largest funding round in JF McDermott's history was $57K.
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