What is Performance Plumbing & Heating?
Performance Plumbing & Heating is a key player in the Commercial & Residential Construction sector, operating out of Yonkers, New York. With a lean team of 1 to 4 employees and an estimated revenue between $500K and $1M, the company focuses on delivering essential plumbing and heating services. Its operations cater to both commercial and residential clients, establishing a solid foundation within its local market. The company's commitment to service excellence and its strategic location enable it to effectively serve its customer base.
How much funding has Performance Plumbing & Heating raised?
Performance Plumbing & Heating has raised a total of $30K across 1 funding round:
Debt
$30K
Debt (2025): $30K with participation from M&T Bank
Key Investors in Performance Plumbing & Heating
M&T Bank
M&T Bank is a financial institution providing a range of banking services. Their participation in this funding round as a debt provider indicates a focus on supporting operational growth through traditional lending.
What's next for Performance Plumbing & Heating?
The recent infusion of expansion capital signals Performance Plumbing & Heating's intent to significantly scale its operations and potentially broaden its service offerings or geographic reach. As a company operating at a Series B/C stage, this investment is likely earmarked for enhancing operational capacity, upgrading technological infrastructure, and strengthening its market presence. Future developments may include strategic partnerships or acquisitions to further solidify its position in the competitive construction and maintenance industry. The debt financing from M&T Bank suggests a focus on leveraging financial instruments for growth while maintaining equity structure.
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