How Much Did ServiceMaster By ARTec Raise?
Funding & Key Investors

ServiceMaster By ARTec has solidified its position as a cornerstone of the regional disaster restoration sector, recently securing a major strategic investment to bolster its operational capacity. With a cumulative capital infusion reaching $897K, the firm continues to demonstrate robust financial health. The most recent financing round, totaling $547K, underscores the company's commitment to scaling its emergency response infrastructure across Delaware, Chester, Montgomery, and Philadelphia counties.

This influx of capital serves as a testament to the firm's long-standing reputation for reliability and its adherence to the rigorous standards required of a Quality Restoration Vendor. By leveraging these financial resources, ServiceMaster By ARTec is well-positioned to enhance its service delivery models and maintain its competitive edge in the high-stakes property recovery market.

What is ServiceMaster By ARTec?

ServiceMaster By ARTec
Business ServicesField Service ManagementConsumer Services

Originally established in 1985 as Advanced Restoration Technologies, ServiceMaster By ARTec operates as a premier provider of emergency damage mitigation and restoration services. As one of the 650 recognized Quality Restoration Vendors (QRVs) within the ServiceMaster network, the company is distinguished by its strict adherence to standardized restoration protocols, transparent pricing, and rapid response times. The firm specializes in mitigating catastrophic damage, utilizing advanced technology and certified personnel to restore residential and commercial properties to their pre-loss condition. Their market position is defined by a dual focus on technical proficiency and a customer-centric service philosophy, ensuring that insurance agents and property owners receive timely, accurate reporting and high-integrity restoration outcomes.

How much funding has ServiceMaster By ARTec raised?

ServiceMaster By ARTec has raised a total of $897K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$547K

Debt (2020): $350K with participation from PPP

Debt (2021): $547K led by PPP

Key Investors in ServiceMaster By ARTec

PPP

Public-Private Partnership

What's next for ServiceMaster By ARTec?

Looking ahead, the strategic deployment of the $547K capital will likely focus on the modernization of restoration equipment and the expansion of the firm's emergency response fleet. Given the company's focus on profitable growth and operational excellence, this investment provides the necessary liquidity to navigate the complexities of large-scale disaster recovery projects. By integrating more sophisticated restoration technologies, ServiceMaster By ARTec aims to further reduce site response times and improve the efficiency of its mitigation processes. This trajectory suggests a continued emphasis on maintaining its status as a preferred vendor for insurance carriers, while simultaneously scaling its service footprint to meet the increasing demand for professional disaster recovery solutions in the mid-Atlantic region.

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Frequently Asked Questions Regarding ServiceMaster By ARTec Financial Insights

What are the most recent funding rounds that ServiceMaster By ARTec has completed, and what were the funding rounds?
ServiceMaster By ARTec has recently completed 2 funding rounds: Debt on Feb 16, 2021, Debt on Apr 7, 2020.
What is the total amount of funding ServiceMaster By ARTec has raised to date?
ServiceMaster By ARTec has raised a total of $897K in funding to date.
How many funding rounds has ServiceMaster By ARTec completed?
ServiceMaster By ARTec has completed 2 funding rounds.
How much funding did ServiceMaster By ARTec raise in its most recent funding round?
ServiceMaster By ARTec raised $547K in its most recent funding round.
Who are the lead investors in ServiceMaster By ARTec's latest funding round?
The lead investor in ServiceMaster By ARTec'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 ServiceMaster By ARTec's history?
The largest funding round in ServiceMaster By ARTec's history was $547K.
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