How Much Did MemphisClean Raise?
Funding & Key Investors

MemphisClean has secured $1.1M in total capital, with a recent strategic investment of $100K marking a significant development for the family-owned cleaning services provider. This latest financing round underscores the company's established presence and its strategic growth initiatives within the Memphis metropolitan area.

What is MemphisClean?

MemphisClean
Business ServicesField Service ManagementCleaning Services

MemphisClean is a family-owned and IICRC certified cleaning company based in Memphis, specializing in comprehensive residential and commercial cleaning services. Their expertise spans carpet cleaning, mold remediation, emergency water removal, and janitorial services. With over a decade of operational experience, MemphisClean is recognized for its commitment to high-quality work, offering 24/7 emergency response and providing assistance with insurance claims, ensuring client satisfaction through professionally trained and background-checked staff.

How much funding has MemphisClean raised?

MemphisClean has raised a total of $1.1M across 3 funding rounds:

2024

Multiple Rounds

$1.1M

Debt (2024): $500K with participation from Cadence Bank

Debt (2024): $100K, investors not publicly disclosed

Debt (2024): $500K, investors not publicly disclosed

Key Investors in MemphisClean

Cadence Bank

Cadence Bank is a financial institution likely providing debt financing, supporting MemphisClean's operational expansion and capital needs through strategic lending.

What's next for MemphisClean?

The recent major strategic investment positions MemphisClean for enhanced operational scaling and service expansion. This capital infusion is expected to bolster their capacity to handle a larger volume of residential and commercial contracts, potentially including investments in advanced cleaning technologies and further professional development for their team. The company's focus on emergency services and insurance claim support suggests a strategic direction towards solidifying its role as a reliable, go-to provider in disaster recovery and routine maintenance for the greater Memphis region.

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Frequently Asked Questions Regarding MemphisClean Financial Insights

What are the most recent funding rounds that MemphisClean has completed, and what were the funding rounds?
MemphisClean has recently completed 3 funding rounds: Debt on Dec 31, 2024, Debt on Dec 31, 2024, Debt on Mar 31, 2024.
What is the total amount of funding MemphisClean has raised to date?
MemphisClean has raised a total of $1.1M in funding to date.
How many funding rounds has MemphisClean completed?
MemphisClean has completed 3 funding rounds.
How much funding did MemphisClean raise in its most recent funding round?
MemphisClean raised $100K in its most recent funding round.
Which was the largest funding round in MemphisClean's history?
The largest funding round in MemphisClean's history was $500K.
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