How Much Did Smith Maintenance Raise?
Funding & Key Investors

Smith Maintenance has secured significant enterprise-level funding, with a total capital infusion of $2.4M. The company recently announced a major strategic investment of $1.4M, underscoring its robust growth trajectory and market position. This latest financing round highlights investor confidence in Smith Maintenance's operational capabilities and future expansion plans.

What is Smith Maintenance?

Smith Maintenance
Business ServicesField Service Management

Smith Maintenance Company, established in 1997, is a prominent provider of comprehensive facility maintenance solutions within the Chicago Metropolitan area. Their service portfolio encompasses custodial services, traffic control, window cleaning, and general maintenance, all delivered with a commitment to quality and customer satisfaction. Operating 24/7, the company ensures a smooth transition for new clients and offers specialized services including post-construction clean-up, event support, and snow removal. As a highly certified, minority-run business, Smith Maintenance prioritizes stringent quality control measures.

How much funding has Smith Maintenance raised?

Smith Maintenance has raised a total of $2.4M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.4M

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

Debt (2021): $1.4M led by PPP

Key Investors in Smith Maintenance

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Smith Maintenance?

The recent major strategic investment signals a pivotal phase for Smith Maintenance, likely aimed at scaling operations, expanding service offerings, or entering new geographic markets. This capital infusion is expected to bolster the company's capacity to handle larger contracts and enhance its technological infrastructure. Given the enterprise-level funding context, Smith Maintenance is poised for significant growth, potentially through strategic acquisitions or further diversification of its service lines to solidify its market leadership in facility management.

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Frequently Asked Questions Regarding Smith Maintenance Financial Insights

What are the most recent funding rounds that Smith Maintenance has completed, and what were the funding rounds?
Smith Maintenance has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Smith Maintenance has raised to date?
Smith Maintenance has raised a total of $2.4M in funding to date.
How many funding rounds has Smith Maintenance completed?
Smith Maintenance has completed 2 funding rounds.
How much funding did Smith Maintenance raise in its most recent funding round?
Smith Maintenance raised $1.4M in its most recent funding round.
Who are the lead investors in Smith Maintenance's latest funding round?
The lead investor in Smith Maintenance'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 Smith Maintenance's history?
The largest funding round in Smith Maintenance's history was $1.4M.
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