How Much Did Prospect Builders Raise?
Funding & Key Investors

Prospect Builders has secured $412K in total capital, with its most recent financing round bringing in $262K. This significant investment underscores the company's established position in the disaster recovery sector, particularly following its recent major strategic investment. The company's financial trajectory indicates a robust growth phase, characteristic of late-stage development.

What is Prospect Builders?

Prospect Builders
ConstructionConstruction ManagementConsumer Services

Prospect Builders Inc. is a family-owned enterprise with over three decades of specialized experience in comprehensive fire and flood restoration services. Their service portfolio encompasses emergency response, meticulous water damage and mold remediation, and the provision of temporary housing solutions. The company primarily serves homeowners and businesses requiring expert restoration and reconstruction following catastrophic events, aiming to alleviate stress during challenging times through high-quality service delivery.

How much funding has Prospect Builders raised?

Prospect Builders has raised a total of $412K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$262K

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

Debt (2021): $262K led by PPP

What's next for Prospect Builders?

The substantial capital infusion, particularly the recent strategic investment, positions Prospect Builders for significant expansion and operational enhancement. This late-stage funding is likely to be allocated towards scaling service capabilities, potentially expanding geographic reach, and investing in advanced restoration technologies. The company's long-standing industry presence and commitment to customer satisfaction suggest a strategic focus on solidifying its market leadership in the competitive disaster recovery landscape.

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Frequently Asked Questions Regarding Prospect Builders Financial Insights

What are the most recent funding rounds that Prospect Builders has completed, and what were the funding rounds?
Prospect Builders has recently completed 2 funding rounds: Debt on Mar 8, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Prospect Builders has raised to date?
Prospect Builders has raised a total of $412K in funding to date.
How many funding rounds has Prospect Builders completed?
Prospect Builders has completed 2 funding rounds.
How much funding did Prospect Builders raise in its most recent funding round?
Prospect Builders raised $262K in its most recent funding round.
Who are the lead investors in Prospect Builders's latest funding round?
The lead investor in Prospect Builders'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 Prospect Builders's history?
The largest funding round in Prospect Builders's history was $262K.
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