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 offers specialized services for fire, water, smoke, mold, lead, and asbestos damage. Catering to both residential and commercial properties across Suffolk and Nassau County, New York City, Westchester, and the broader Tri-State Area, Milro provides 24/7 emergency response. Their commitment to professional and reliable assistance is complemented by extensive experience working with insurance carriers to streamline the claims process. Milro Services is accredited by the Better Business Bureau, reflecting its long-standing dedication to service quality and customer trust.
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 recent large-scale late-stage funding, characterized as a major strategic investment, positions Milro Services for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service technology, geographic reach, and potentially the acquisition of complementary businesses within the restoration industry. Given the company's extensive history and established reputation, this strategic financing suggests a focus on solidifying market leadership and capitalizing on opportunities for growth in disaster recovery and property remediation services. The investment will enable Milro to further its mission of providing rapid, professional, and reliable restoration solutions during critical times for its clients.
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