How Much Did Ocean Appliance Service Raise?
Funding & Key Investors

Ocean Appliance Service has successfully secured a significant capital injection, bringing its total funding to $108K. This latest financing round, which contributed $108K to the company's balance sheet, underscores the firm's robust position within the competitive home and commercial maintenance sector. By leveraging this strategic investment, the organization is well-positioned to accelerate its operational footprint across the South Florida region, reinforcing its commitment to high-quality technical support and service excellence.

What is Ocean Appliance Service?

Ocean Appliance Service
Consumer ServicesRepair Services

Ocean Appliance Service operates as a specialized provider of appliance repair and maintenance solutions, catering to a diverse clientele across Miami-Dade, Broward, and Palm Beach Counties. The company maintains a comprehensive service portfolio that encompasses the repair of essential household and commercial equipment, including refrigerators, washers, dryers, microwaves, and ranges. Beyond its core service offerings, the firm distinguishes itself through a commitment to professional training and workforce development, actively scaling its team to meet the rising demand for reliable appliance diagnostics and restoration in the Florida market. Its market position is defined by a dual focus on residential reliability and commercial operational continuity.

How much funding has Ocean Appliance Service raised?

Ocean Appliance Service has raised a total of $108K across 1 funding round:

2021

Debt

$108K

Debt (2021): $108K with participation from PPP

Key Investors in Ocean Appliance Service

PPP

Public-Private Partnership

What's next for Ocean Appliance Service?

With the infusion of $108K, Ocean Appliance Service is poised to enter a new phase of growth and infrastructure optimization. The strategic roadmap likely involves expanding its technician workforce to reduce service lead times and enhancing its logistical capabilities to cover a broader geographic territory. As the company transitions through this late-stage development cycle, management will likely prioritize the integration of advanced scheduling software and inventory management systems to streamline operations. Furthermore, the focus on internal training programs suggests a long-term strategy to maintain service quality standards while scaling, ensuring that the firm remains a dominant player in the regional appliance maintenance industry.

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Frequently Asked Questions Regarding Ocean Appliance Service Financial Insights

What are the most recent funding rounds that Ocean Appliance Service has completed, and what were the funding rounds?
Ocean Appliance Service has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Ocean Appliance Service has raised to date?
Ocean Appliance Service has raised a total of $108K in funding to date.
How many funding rounds has Ocean Appliance Service completed?
Ocean Appliance Service has completed 1 funding rounds.
How much funding did Ocean Appliance Service raise in its most recent funding round?
Ocean Appliance Service raised $108K in its most recent funding round.
Who are the lead investors in Ocean Appliance Service's latest funding round?
The lead investor in Ocean Appliance Service'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 Ocean Appliance Service's history?
The largest funding round in Ocean Appliance Service's history was $108K.
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