How Much Did SMI Raise?
Funding & Key Investors

SMI, a prominent player in the facility maintenance sector, has successfully secured a significant capital injection, bringing its cumulative financing to $350K. This latest development, characterized by a $350K debt financing round, underscores the company's robust operational stability and its capacity to leverage debt instruments for strategic expansion. By securing this capital, SMI reinforces its market position as a critical service provider in the competitive landscape of commercial facility upkeep.

What is SMI?

SMI
Business ServicesField Service ManagementCleaning Services

Founded in 2004 and headquartered in East Moriches, New York, SMI operates as a comprehensive Interior Maintenance Service (IMS) provider. The firm specializes in a diverse array of facility solutions, including professional window cleaning, advanced floor maintenance, janitorial services, and specialized emergency response protocols. Through its commitment to operational excellence, SMI has established itself as a reliable partner for commercial entities requiring high-standard maintenance solutions. The company's service model is designed to address the complex needs of modern infrastructure, ensuring that physical assets remain compliant, clean, and functional. By integrating specialized maintenance tasks into a unified service offering, SMI effectively streamlines facility management for its diverse client base, positioning itself as a leader in the regional maintenance market.

How much funding has SMI raised?

SMI has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in SMI

PPP

Public-Private Partnership

What's next for SMI?

With the successful acquisition of this $350K debt financing, SMI is well-positioned to scale its service delivery capabilities and potentially expand its geographic footprint. The infusion of capital provides the necessary liquidity to invest in advanced maintenance technologies and workforce training, which are essential for maintaining a competitive edge in the facility services industry. Moving forward, the company is expected to focus on optimizing its service delivery model and enhancing its emergency response infrastructure. As SMI continues to navigate the complexities of the facility management sector, this strategic financing serves as a catalyst for long-term growth and operational resilience, enabling the firm to meet the evolving demands of its commercial clientele while maintaining its reputation for high-quality maintenance standards.

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

Additional financial insights in the Business Services industry

Business ServicesSoftware Testing
Business ServicesProject ManagementHealthcare SoftwareSoftware
Advertising NetworksBusiness Services
Business ServicesHuman Resources Management Systems (HRMS)

Frequently Asked Questions Regarding SMI Financial Insights

What are the most recent funding rounds that SMI has completed, and what were the funding rounds?
SMI has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding SMI has raised to date?
SMI has raised a total of $350K in funding to date.
How many funding rounds has SMI completed?
SMI has completed 1 funding rounds.
How much funding did SMI raise in its most recent funding round?
SMI raised $350K in its most recent funding round.
Who are the lead investors in SMI's latest funding round?
The lead investor in SMI'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 SMI's history?
The largest funding round in SMI's history was $350K.
See more information about SMI