How Much Did Lasco Raise?
Funding & Key Investors

Lasco, a cornerstone of the fire protection industry since 1911, has successfully secured a major strategic investment to bolster its operational capacity. This latest financing round, totaling $148K, underscores the firm's enduring market relevance and commitment to infrastructure safety. With a cumulative capital injection reaching $298K, the Memphis-based contractor is well-positioned to expand its footprint across its core service regions in Tennessee, Mississippi, Kentucky, and Arkansas.

What is Lasco?

Lasco
ConstructionConstruction ManagementArchitecture, Engineering & Design

Lasco, Inc. operates as a specialized Fire Protection Sprinkler Contractor, providing end-to-end solutions that encompass design, fabrication, installation, and long-term maintenance. The company distinguishes itself through a century of technical expertise, managing complex fire protection systems including underground mains, valves, and hydrants. By maintaining rigorous licensing standards across multiple states, Lasco serves as a critical partner for large-scale commercial and industrial projects, ensuring compliance with stringent safety regulations and fire prevention standards.

How much funding has Lasco raised?

Lasco has raised a total of $298K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$148K

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

Debt (2021): $148K led by PPP

Key Investors in Lasco

PPP

Public-Private Partnership

What's next for Lasco?

The infusion of capital from this late-stage financing round provides Lasco with the necessary liquidity to modernize its fabrication processes and enhance its service delivery model. As the company navigates the evolving landscape of fire safety technology, the strategic allocation of these funds will likely focus on scaling its maintenance division and upgrading its fleet and equipment. By leveraging its historical reputation and current financial backing, Lasco is poised to capture additional market share in the regional construction sector, reinforcing its status as a premier provider of fire protection infrastructure.

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Frequently Asked Questions Regarding Lasco Financial Insights

What are the most recent funding rounds that Lasco has completed, and what were the funding rounds?
Lasco has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Lasco has raised to date?
Lasco has raised a total of $298K in funding to date.
How many funding rounds has Lasco completed?
Lasco has completed 2 funding rounds.
How much funding did Lasco raise in its most recent funding round?
Lasco raised $148K in its most recent funding round.
Who are the lead investors in Lasco's latest funding round?
The lead investor in Lasco'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 Lasco's history?
The largest funding round in Lasco's history was $150K.
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