What is Milro Services?
Milro Services is a family-owned enterprise with over six decades of experience in emergency restoration. Based in Long Island, New York, the company specializes in comprehensive cleanup and repair services for fire, water, smoke, mold, lead, and asbestos damage. Serving both residential and commercial properties across Suffolk and Nassau County, New York City, Westchester, and the wider Tri-State Area, Milro offers round-the-clock emergency assistance. Their commitment to professional and reliable service is further evidenced by their accreditation with the Better Business Bureau and their established relationships with insurance carriers to streamline the claims process. Services extend to structural repair, disinfection, and storm damage restoration.
How much funding has Milro Services raised?
Milro Services has raised a total of $406K across 2 funding rounds:
Debt
$150K
Debt
$256K
Debt (2020): $150K with participation from PPP
Debt (2021): $256K led by PPP
Key Investors in Milro Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Milro Services?
The substantial capital infusion, particularly the recent strategic investment, positions Milro Services for accelerated expansion and enhanced service capabilities. This funding is likely to be directed towards operational scaling, technological advancements in restoration techniques, and potentially broadening their geographic reach. As a company with a long-standing reputation and a focus on critical infrastructure repair, this capital will enable Milro to further solidify its market leadership and respond more effectively to the increasing demand for specialized restoration services.
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