How Much Did Sertec Raise?
Funding & Key Investors

Sertec, a company specializing in the repair, maintenance, and installation of critical restaurant equipment, has secured significant capital, with total funding reaching $442K. The company recently announced a $292K investment as part of a major strategic investment round, underscoring its established position in the market and its trajectory for continued expansion.

What is Sertec?

Sertec
Consumer ServicesRepair Services

Sertec LLC has carved a niche in the commercial kitchen services sector, offering comprehensive solutions for the repair, maintenance, and installation of essential restaurant equipment. With over 17 years of operational experience, the company serves a broad spectrum of clients across the DC metropolitan area, including hospitality venues, hotels, retirement communities, and educational institutions. Sertec is recognized for its commitment to rapid response, providing same-day service, alongside robust preventive maintenance programs and work warranties, thereby assuring clients of uninterrupted operations and peace of mind. Their approach involves close collaboration with customers to devise bespoke service strategies for complex operational challenges.

How much funding has Sertec raised?

Sertec has raised a total of $442K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$292K

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

Debt (2021): $292K led by PPP

What's next for Sertec?

The recent large-scale late-stage funding, characterized as a major strategic investment, signals a pivotal phase for Sertec. This influx of capital is likely to fuel strategic initiatives aimed at enhancing service capabilities, expanding geographical reach within the DC area, and potentially investing in new technologies to further optimize restaurant equipment maintenance and repair. The company's focus on operational efficiency and client satisfaction, coupled with this substantial financial backing, positions Sertec for accelerated growth and market leadership in the critical infrastructure support for the food service industry.

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Frequently Asked Questions Regarding Sertec Financial Insights

What are the most recent funding rounds that Sertec has completed, and what were the funding rounds?
Sertec has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Sertec has raised to date?
Sertec has raised a total of $442K in funding to date.
How many funding rounds has Sertec completed?
Sertec has completed 2 funding rounds.
How much funding did Sertec raise in its most recent funding round?
Sertec raised $292K in its most recent funding round.
Who are the lead investors in Sertec's latest funding round?
The lead investor in Sertec'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 Sertec's history?
The largest funding round in Sertec's history was $292K.
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