How Much Did Smiths Pumps Raise?
Funding & Key Investors

Smiths Pumps has secured $16K in total funding, with its most recent capital infusion of $16K categorized as moderate growth capital. This financing round, which occurred on February 3, 2021, indicates a strategic move to bolster the company's expansion efforts.

What is Smiths Pumps?

Smiths Pumps
ConstructionCivil Engineering ConstructionConsumer Services

Smiths Pumps is a well-established, locally owned business with over eight years of operational experience, specializing in comprehensive well drilling and pump services. The company offers a broad spectrum of solutions, including domestic well drilling, emergency services available 24 hours a day, new pump installations, and repair and maintenance for all pump makes and models. Their dedication to client satisfaction is underscored by their rapid response to urgent out-of-water situations and their active engagement with the community through various sponsorships and donations. Smiths Pumps primarily serves Lassen County and its surrounding regions, ensuring reliable water systems for its clientele.

How much funding has Smiths Pumps raised?

Smiths Pumps has raised a total of $16K across 1 funding round:

2021

Debt

$16K

Debt (2021): $16K with participation from PPP

Key Investors in Smiths Pumps

PPP

Public-Private Partnership

What's next for Smiths Pumps?

The Series A/B growth stage funding context suggests Smiths Pumps is poised for significant scaling and operational enhancement. This strategic investment is likely earmarked for expanding service capabilities, potentially increasing fleet size, investing in advanced drilling technology, or broadening their geographic reach within Lassen County and beyond. The company's focus on domestic well drilling and pump services positions it to capitalize on ongoing demand for essential water infrastructure, particularly in developing or established residential areas. Future growth may also involve enhancing their emergency service infrastructure to maintain their reputation for promptness and reliability.

See full Smiths Pumps company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstructionConsumer ServicesRepair ServicesIndustrial Machinery & EquipmentManufacturing
Civil Engineering ConstructionConstructionConstruction Management
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Smiths Pumps Financial Insights

What are the most recent funding rounds that Smiths Pumps has completed, and what were the funding rounds?
Smiths Pumps has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Smiths Pumps has raised to date?
Smiths Pumps has raised a total of $16K in funding to date.
How many funding rounds has Smiths Pumps completed?
Smiths Pumps has completed 1 funding rounds.
How much funding did Smiths Pumps raise in its most recent funding round?
Smiths Pumps raised $16K in its most recent funding round.
Who are the lead investors in Smiths Pumps's latest funding round?
The lead investor in Smiths Pumps'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 Smiths Pumps's history?
The largest funding round in Smiths Pumps's history was $16K.
See more information about Smiths Pumps