How Much Did Restoremasters Raise?
Funding & Key Investors

Restoremasters, a prominent water and fire damage restoration firm based in Utah, has recently secured a major strategic investment as part of its large-scale late-stage funding initiative. The total capital raised to date stands at $430K, with the most recent financing round contributing $280K to the company's growth and operational expansion. This infusion of capital underscores the company's established market position and its strategic importance in the disaster recovery sector.

What is Restoremasters?

Restoremasters
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConsumer Services

RestoreMasters operates as a leading provider of emergency restoration services, addressing critical property damage issues such as mold removal, sewer backups, and fire incidents. With over two decades of experience, the company offers specialized solutions to homeowners and businesses throughout Northern Utah. Their commitment to 24/7 emergency response ensures swift and effective mitigation and restoration processes, aiming to return properties to their pre-incident condition. The company's deep expertise in disaster cleanup positions it as a key player in safeguarding residential and commercial assets.

How much funding has Restoremasters raised?

Restoremasters has raised a total of $430K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$280K

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

Debt (2021): $280K led by PPP

Key Investors in Restoremasters

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Restoremasters?

The recent strategic investment signals a pivotal phase for Restoremasters, likely enabling significant expansion of its service capabilities and geographic reach. This substantial backing, characteristic of late-stage funding, suggests a focus on scaling operations, potentially through acquisitions or enhanced technological integration for more efficient disaster response. The company is poised to further solidify its leadership in the Utah restoration market and explore opportunities for broader market penetration, leveraging this capital to enhance its service delivery and client support infrastructure.

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Frequently Asked Questions Regarding Restoremasters Financial Insights

What are the most recent funding rounds that Restoremasters has completed, and what were the funding rounds?
Restoremasters has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Restoremasters has raised to date?
Restoremasters has raised a total of $430K in funding to date.
How many funding rounds has Restoremasters completed?
Restoremasters has completed 2 funding rounds.
How much funding did Restoremasters raise in its most recent funding round?
Restoremasters raised $280K in its most recent funding round.
Who are the lead investors in Restoremasters's latest funding round?
The lead investor in Restoremasters'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 Restoremasters's history?
The largest funding round in Restoremasters's history was $280K.
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