How Much Did Smith Maintenance Raise?
Funding & Key Investors

Smith Maintenance, a Chicago-based facility maintenance provider, has secured significant enterprise-level funding, with its total funding reaching $2.4M. The company recently closed a major strategic investment of $1.4M, underscoring its robust growth trajectory and market position. This latest capital infusion is expected to fuel further expansion and enhance service offerings.

What is Smith Maintenance?

Smith Maintenance
Business ServicesField Service Management

Established in 1997, Smith Maintenance Company has built a reputation for delivering high-quality facility maintenance solutions across the Chicago Metropolitan area. Their comprehensive service portfolio includes custodial services, traffic control, window cleaning, and general maintenance, all available 24/7. As a highly certified, minority-run business, Smith Maintenance prioritizes quality control and customer satisfaction, ensuring a smooth onboarding process for new clients. The company also offers specialized services such as post-construction clean-up, special events support, and snow removal, positioning itself as a versatile partner for diverse facility needs.

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 indicating a move towards scaling operations and potentially expanding its service footprint beyond the Chicago Metropolitan area. This capital injection will enable the company to enhance its technological infrastructure, broaden its service capabilities, and strengthen its competitive advantage in the facility maintenance sector. As a certified, minority-run business, this funding also presents an opportunity to further solidify its commitment to quality and customer-centric solutions, potentially attracting larger enterprise contracts and reinforcing its market leadership.

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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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