How Much Did SR Mechanical Raise?
Funding & Key Investors

SR Mechanical has secured $2M in total capital, with a recent strategic investment of $2M. This major enterprise-level funding underscores the company's established position and strategic growth initiatives within the mechanical contracting sector.

The company's latest financial infusion, dated May 8, 2020, was a debt financing round amounting to $2 million, indicating a focus on leveraging capital for operational expansion or specific project financing.

What is SR Mechanical?

SR Mechanical
ConstructionConstruction Management

Founded in 1973 as Steven A. Roberts Plumbing & Heating, SR Mechanical, Inc. has evolved over four decades into a respected commercial plumbing and heating contractor. Initially serving the Central Utah area with residential services, the company broadened its scope to statewide commercial applications in the early 1980s. By 2001, SR Mechanical, Inc. strategically narrowed its focus exclusively to commercial projects, a move reflected in its updated branding and market positioning. Under the leadership of owner Steven A. Roberts, the company has demonstrated a consistent trajectory of growth and adaptation within the competitive mechanical contracting industry.

How much funding has SR Mechanical raised?

SR Mechanical has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for SR Mechanical?

The substantial enterprise-level funding, coupled with the recent strategic investment, positions SR Mechanical for significant future development. This capital infusion is likely to fuel further expansion of its commercial services, potentially through acquisitions, technological upgrades, or increased capacity to undertake larger-scale projects. The company's long-standing history and specialized focus on commercial mechanical contracting suggest a strategic intent to solidify its market leadership and explore new avenues for growth and operational efficiency.

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Frequently Asked Questions Regarding SR Mechanical Financial Insights

What are the most recent funding rounds that SR Mechanical has completed, and what were the funding rounds?
SR Mechanical has recently completed 1 funding rounds: Debt on May 8, 2020.
What is the total amount of funding SR Mechanical has raised to date?
SR Mechanical has raised a total of $2M in funding to date.
How many funding rounds has SR Mechanical completed?
SR Mechanical has completed 1 funding rounds.
How much funding did SR Mechanical raise in its most recent funding round?
SR Mechanical raised $2M in its most recent funding round.
Who are the lead investors in SR Mechanical's latest funding round?
The lead investor in SR 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 SR Mechanical's history?
The largest funding round in SR Mechanical's history was $2M.
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