How Much Did Lance Plumbing Raise?
Funding & Key Investors

Lance Plumbing has secured $65K in total capital, with a recent financing round of $65K aimed at substantial expansion. This investment underscores the company's significant Series B/C stage of growth within the competitive plumbing services sector.

What is Lance Plumbing?

Lance Plumbing
ConstructionConstruction ManagementConsumer Services

Lance Plumbing, a family-owned enterprise established in 2004 and based in Saratoga Springs, NY, specializes in comprehensive residential and commercial plumbing solutions. Their service portfolio encompasses repairs, new construction installations, and renovation projects, addressing needs from faucet and water heater replacements to complex gas line installations. The company has built a reputation for honesty, dependability, and experienced service, serving the Saratoga, Glens Falls, and Clifton Park regions under the leadership of founder Roy Lance, a licensed plumber committed to community engagement.

How much funding has Lance Plumbing raised?

Lance Plumbing has raised a total of $65K across 1 funding round:

2021

Debt

$65K

Debt (2021): $65K with participation from PPP

What's next for Lance Plumbing?

The recent influx of substantial expansion capital positions Lance Plumbing for a significant growth phase, likely focused on scaling operations, enhancing service capacity, and potentially expanding its geographic reach. This strategic investment at their Series B/C stage suggests a clear path toward solidifying market leadership and increasing market share in the Upstate New York region. Future developments may include technological integration for service efficiency and further team expansion to meet growing demand.

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Frequently Asked Questions Regarding Lance Plumbing Financial Insights

What are the most recent funding rounds that Lance Plumbing has completed, and what were the funding rounds?
Lance Plumbing has recently completed 1 funding rounds: Debt on Feb 4, 2021.
What is the total amount of funding Lance Plumbing has raised to date?
Lance Plumbing has raised a total of $65K in funding to date.
How many funding rounds has Lance Plumbing completed?
Lance Plumbing has completed 1 funding rounds.
How much funding did Lance Plumbing raise in its most recent funding round?
Lance Plumbing raised $65K in its most recent funding round.
Who are the lead investors in Lance Plumbing's latest funding round?
The lead investor in Lance 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 Lance Plumbing's history?
The largest funding round in Lance Plumbing's history was $65K.
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