How Much Did Mile High Drain Raise?
Funding & Key Investors

Mile High Drain has successfully secured a significant capital injection, bringing its total funding to $150K. This latest round, characterized by a $150K strategic investment, underscores the company's robust operational footprint within the competitive Denver Metro plumbing and utility maintenance sector. By leveraging this financial backing, the firm is positioned to solidify its market dominance and expand its specialized service offerings across the region.

What is Mile High Drain?

Mile High Drain
ConstructionConstruction ManagementConsumer Services

Operating as a cornerstone of the Denver utility maintenance landscape for nearly 15 years, Mile High Drain provides comprehensive drain cleaning, pipe locating, and high-pressure jetting services. The company maintains a dual-focus model, catering to both residential and commercial clients with a commitment to 24/7 availability and transparent pricing structures. With an A+ Better Business Bureau rating, the firm has established a reputation for reliability and technical proficiency, distinguishing itself from smaller, less-regulated competitors in the local market.

How much funding has Mile High Drain raised?

Mile High Drain has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Mile High Drain

PPP

Public-Private Partnership

What's next for Mile High Drain?

With the infusion of this late-stage capital, Mile High Drain is expected to prioritize the scaling of its high-pressure jetting infrastructure and the modernization of its pipe-locating technology. The strategic allocation of these funds will likely facilitate an expansion of the company's service radius and the optimization of its fleet management systems. As the firm transitions into this next phase of growth, the focus will remain on maintaining its high service standards while capturing a larger share of the commercial maintenance market in the Denver Metro area.

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Frequently Asked Questions Regarding Mile High Drain Financial Insights

What are the most recent funding rounds that Mile High Drain has completed, and what were the funding rounds?
Mile High Drain has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding Mile High Drain has raised to date?
Mile High Drain has raised a total of $150K in funding to date.
How many funding rounds has Mile High Drain completed?
Mile High Drain has completed 1 funding rounds.
How much funding did Mile High Drain raise in its most recent funding round?
Mile High Drain raised $150K in its most recent funding round.
Who are the lead investors in Mile High Drain's latest funding round?
The lead investor in Mile High Drain'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 Mile High Drain's history?
The largest funding round in Mile High Drain's history was $150K.
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