How Much Did Modern Plumbing & Backflow Raise?
Funding & Key Investors

Modern Plumbing & Backflow has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing indicates a pivotal moment for the established plumbing contractor, suggesting a move towards accelerated growth and market expansion.

What is Modern Plumbing & Backflow?

Modern Plumbing & Backflow
ConstructionConstruction ManagementConsumer Services

Modern Plumbing & Backflow is a family-owned plumbing contractor with over two decades of operational experience, serving both the Triangle area of North Carolina and Upstate South Carolina. The company offers a comprehensive suite of services, including essential plumbing repairs, water heater installations, drain cleaning, and specialized backflow prevention solutions. Catering to a diverse clientele of residential homeowners and commercial enterprises, Modern Plumbing & Backflow emphasizes reliable, cost-effective, and professional service delivery. Their operational strengths lie in rapid response times, round-the-clock emergency availability, and a commitment to client education and satisfaction, positioning them as a key player in the regional service industry.

How much funding has Modern Plumbing & Backflow raised?

Modern Plumbing & Backflow has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Modern Plumbing & Backflow

PPP

Public-Private Partnership

What's next for Modern Plumbing & Backflow?

The substantial late-stage funding, characterized as a major strategic investment, positions Modern Plumbing & Backflow for significant scaling and operational enhancement. This influx of capital is likely to fuel expansion into new service territories, bolster technological adoption for improved efficiency, and potentially broaden the scope of services offered. The company's focus on both residential and commercial sectors, coupled with its established reputation for reliability, provides a strong foundation for leveraging this new financing to solidify its market leadership and pursue further strategic growth initiatives.

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Frequently Asked Questions Regarding Modern Plumbing & Backflow Financial Insights

What are the most recent funding rounds that Modern Plumbing & Backflow has completed, and what were the funding rounds?
Modern Plumbing & Backflow has recently completed 1 funding rounds: Debt on Jun 24, 2020.
What is the total amount of funding Modern Plumbing & Backflow has raised to date?
Modern Plumbing & Backflow has raised a total of $150K in funding to date.
How many funding rounds has Modern Plumbing & Backflow completed?
Modern Plumbing & Backflow has completed 1 funding rounds.
How much funding did Modern Plumbing & Backflow raise in its most recent funding round?
Modern Plumbing & Backflow raised $150K in its most recent funding round.
Who are the lead investors in Modern Plumbing & Backflow's latest funding round?
The lead investor in Modern Plumbing & Backflow'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 Modern Plumbing & Backflow's history?
The largest funding round in Modern Plumbing & Backflow's history was $150K.
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