How Much Did Smith Mechanical Raise?
Funding & Key Investors

Smith Mechanical has secured $1M in total financing, with its most recent capital infusion amounting to $1M from a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the enterprise-level funding landscape.

What is Smith Mechanical?

Smith Mechanical
ConstructionConstruction ManagementArchitecture, Engineering & Design

Smith Mechanical is a certified plumbing designer and provider of comprehensive mechanical, plumbing, and commercial HVAC services. Serving builders, end-users, and owners, the company offers expertise in HVAC and plumbing system repair, design, and consultation, complemented by in-house sheet metal fabrication capabilities within Maryland. Their integrated approach positions them as a key player in the building services sector.

How much funding has Smith Mechanical raised?

Smith Mechanical has raised a total of $1M across 1 funding round:

2020

Debt

$1M

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

Key Investors in Smith Mechanical

PPP

Public-Private Partnership

What's next for Smith Mechanical?

The recent major strategic investment signals a pivotal phase for Smith Mechanical, likely enabling expansion of service offerings, technological integration, or geographic reach. This capital infusion is expected to bolster their capacity to undertake larger projects and enhance their competitive edge in the mechanical contracting and HVAC services market. Future developments may include strategic partnerships or acquisitions to further solidify their market position.

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Frequently Asked Questions Regarding Smith Mechanical Financial Insights

What are the most recent funding rounds that Smith Mechanical has completed, and what were the funding rounds?
Smith Mechanical has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Smith Mechanical has raised to date?
Smith Mechanical has raised a total of $1M in funding to date.
How many funding rounds has Smith Mechanical completed?
Smith Mechanical has completed 1 funding rounds.
How much funding did Smith Mechanical raise in its most recent funding round?
Smith Mechanical raised $1M in its most recent funding round.
Who are the lead investors in Smith Mechanical's latest funding round?
The lead investor in Smith Mechanical'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 Mechanical's history?
The largest funding round in Smith Mechanical's history was $1M.
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