How Much Did Midstate Basement Authorities Raise?
Funding & Key Investors

Midstate Basement Authorities has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's established position in the home services sector, particularly in basement waterproofing and foundation repair across New York and Pennsylvania. The company's funding trajectory indicates a significant growth phase, likely aimed at expanding its operational footprint and service offerings.

What is Midstate Basement Authorities?

Midstate Basement Authorities
ConstructionConstruction ManagementConsumer Services

Founded in 2012, Midstate Basement Authorities operates as a comprehensive contractor specializing in basement waterproofing and foundation repair. The company serves homeowners throughout New York and Pennsylvania, offering a suite of services that includes concrete leveling and structural repairs. Midstate Basement Authorities emphasizes a commitment to professional service, providing free inspections and estimates. As a veteran-owned and family-operated entity, the business aims to deliver robust, high-quality solutions for residential foundation and water management challenges.

How much funding has Midstate Basement Authorities raised?

Midstate Basement Authorities has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Midstate Basement Authorities

PPP

Public-Private Partnership

What's next for Midstate Basement Authorities?

With the recent influx of capital, Midstate Basement Authorities is poised for accelerated expansion. The company's late-stage funding context suggests a strategic focus on scaling operations, potentially through market penetration in new territories or enhancing its service portfolio. This investment will likely fuel advancements in operational efficiency, customer outreach, and the adoption of new technologies to maintain its competitive edge in the home improvement market. The company's strategic direction points towards solidifying its market leadership and continuing its growth trajectory.

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Frequently Asked Questions Regarding Midstate Basement Authorities Financial Insights

What are the most recent funding rounds that Midstate Basement Authorities has completed, and what were the funding rounds?
Midstate Basement Authorities has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Midstate Basement Authorities has raised to date?
Midstate Basement Authorities has raised a total of $150K in funding to date.
How many funding rounds has Midstate Basement Authorities completed?
Midstate Basement Authorities has completed 1 funding rounds.
How much funding did Midstate Basement Authorities raise in its most recent funding round?
Midstate Basement Authorities raised $150K in its most recent funding round.
Who are the lead investors in Midstate Basement Authorities's latest funding round?
The lead investor in Midstate Basement Authorities'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 Midstate Basement Authorities's history?
The largest funding round in Midstate Basement Authorities's history was $150K.
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