How Much Did Service Raise?
Funding & Key Investors

Service has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. With a cumulative capital infusion reaching $150K, the firm is well-positioned to leverage this $150K injection to solidify its dominance in the national flooring sector. This late-stage financing underscores investor confidence in the company's established operational model and its capacity for sustained market penetration.

What is Service?

Service
ConstructionConstruction ManagementHome Improvement & Hardware Retail

Established in 1992, Service has evolved into a premier provider of comprehensive floor covering solutions, maintaining a robust footprint across Utah and the broader United States. The company distinguishes itself through a dual-focus approach, offering specialized custom commercial and residential flooring alongside in-house production of bespoke rugs and carpet bases. By deploying certified installation crews recognized for industry-leading precision, Service has cultivated a reputation for technical excellence and client-centric service. Their market position is reinforced by a long-standing commitment to quality, allowing them to navigate complex infrastructure projects while maintaining the agility required for high-end residential commissions.

How much funding has Service raised?

Service has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Service

PPP

Public-Private Partnership

What's next for Service?

With the recent influx of capital, Service is poised to accelerate its strategic growth initiatives. The company is expected to prioritize the scaling of its in-house production capabilities and the expansion of its certified installation network to meet rising demand in the commercial sector. By optimizing its supply chain and investing in advanced production technologies, Service aims to enhance its competitive advantage. Future efforts will likely focus on deepening market penetration in key urban centers, ensuring that the firm remains at the forefront of the flooring industry while delivering consistent value to its stakeholders and maintaining the high standards that have defined its three-decade history.

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Frequently Asked Questions Regarding Service Financial Insights

What are the most recent funding rounds that Service has completed, and what were the funding rounds?
Service has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Service has raised to date?
Service has raised a total of $150K in funding to date.
How many funding rounds has Service completed?
Service has completed 1 funding rounds.
How much funding did Service raise in its most recent funding round?
Service raised $150K in its most recent funding round.
Who are the lead investors in Service's latest funding round?
The lead investor in Service'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 Service's history?
The largest funding round in Service's history was $150K.
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