How Much Did Simply Right Raise?
Funding & Key Investors

Simply Right, a long-standing leader in the commercial maintenance sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest financing round, totaling $1.6M, underscores the firm's resilience and continued demand for high-quality janitorial services across the Utah region. With a cumulative capital injection reaching $2.6M, the company is well-positioned to reinforce its market dominance and expand its service footprint in an increasingly competitive facilities management landscape.

What is Simply Right?

Simply Right
Business ServicesField Service Management

Founded in 1987, Simply Right has evolved into a premier commercial cleaning entity, providing comprehensive janitorial, construction cleanup, and specialized maintenance solutions throughout Salt Lake and Utah County. By maintaining a consistent focus on operational excellence and client-centric service delivery, the company has established itself as a cornerstone of the regional commercial infrastructure. Its business model relies on long-term service contracts and a robust workforce, allowing it to navigate economic cycles while maintaining high standards of facility hygiene and safety for its diverse enterprise clientele.

How much funding has Simply Right raised?

Simply Right has raised a total of $2.6M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.6M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.6M led by PPP

Key Investors in Simply Right

PPP

Public-Private Partnership

What's next for Simply Right?

With the recent infusion of capital, Simply Right is poised to transition into a new phase of enterprise-level scaling. The strategic allocation of these funds will likely prioritize the modernization of cleaning technologies, the optimization of supply chain logistics, and the potential expansion of its service territory. As the company leverages its historical expertise, the focus will remain on integrating sustainable practices and advanced management software to drive efficiency. This growth trajectory suggests a commitment to maintaining its status as a preferred partner for large-scale commercial projects, ensuring that the firm remains at the forefront of the regional facilities management industry.

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Frequently Asked Questions Regarding Simply Right Financial Insights

What are the most recent funding rounds that Simply Right has completed, and what were the funding rounds?
Simply Right has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Simply Right has raised to date?
Simply Right has raised a total of $2.6M in funding to date.
How many funding rounds has Simply Right completed?
Simply Right has completed 2 funding rounds.
How much funding did Simply Right raise in its most recent funding round?
Simply Right raised $1.6M in its most recent funding round.
Who are the lead investors in Simply Right's latest funding round?
The lead investor in Simply Right'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 Simply Right's history?
The largest funding round in Simply Right's history was $1.6M.
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