How Much Did Practical Environmental Solutions Raise?
Funding & Key Investors

Practical Environmental Solutions (PES) has secured $13K in total capital, with a recent infusion of $13K in moderate growth capital. This latest financing round, occurring on February 3, 2021, signifies a key moment for the company as it continues its expansion trajectory.

What is Practical Environmental Solutions?

Practical Environmental Solutions
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling

Practical Environmental Solutions, established in 2001, is a specialized environmental services firm based in southeastern North Carolina. The company focuses on the critical tasks of underground oil tank removal and addressing soil and groundwater contamination issues. PES operates with a commitment to ensuring strict adherence to both state and federal environmental regulations, offering its services to a diverse clientele including homeowners, real estate professionals, and home inspectors. Their operational model emphasizes high-quality project execution and transparent client communication, underpinned by experienced, licensed, and insured professionals.

How much funding has Practical Environmental Solutions raised?

Practical Environmental Solutions has raised a total of $13K across 1 funding round:

2021

Debt

$13K

Debt (2021): $13K with participation from PPP

What's next for Practical Environmental Solutions?

The Series A/B growth stage funding context suggests that Practical Environmental Solutions is poised for significant scaling and operational enhancement. The recent capital injection is likely to fuel strategic initiatives aimed at expanding service areas, upgrading equipment for more efficient contamination remediation, and potentially increasing their workforce to meet growing demand. This investment will be crucial for PES to solidify its market position and pursue further development in the environmental services sector.

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Frequently Asked Questions Regarding Practical Environmental Solutions Financial Insights

What are the most recent funding rounds that Practical Environmental Solutions has completed, and what were the funding rounds?
Practical Environmental Solutions has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Practical Environmental Solutions has raised to date?
Practical Environmental Solutions has raised a total of $13K in funding to date.
How many funding rounds has Practical Environmental Solutions completed?
Practical Environmental Solutions has completed 1 funding rounds.
How much funding did Practical Environmental Solutions raise in its most recent funding round?
Practical Environmental Solutions raised $13K in its most recent funding round.
Who are the lead investors in Practical Environmental Solutions's latest funding round?
The lead investor in Practical Environmental Solutions'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 Practical Environmental Solutions's history?
The largest funding round in Practical Environmental Solutions's history was $13K.
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