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How Much Did Svmps Raise?
Funding & Key Investors

Svmps has secured $2.3M in total capital, with its most recent financing round bringing in $1.3M through a major strategic investment. This latest infusion of capital underscores the company's significant progress and market position within the enterprise-level funding landscape.

The company's funding history, which includes debt financing rounds totaling approximately $2.3 billion from sources like PPP, indicates a consistent strategy for growth and operational scaling.

What is Svmps?

Svmps
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConsumer Services

Svmps, operating under the brand ServiceMaster Restore, is a prominent provider of comprehensive residential and commercial restoration services. With over 65 years of experience, the company specializes in disaster recovery, offering rapid and dependable solutions for fire, flood, and weather-related property damage. Serving clients across Minnesota and South Dakota, Svmps is equipped to handle emergencies 24/7, extending its expertise to mold remediation and janitorial services to meet a wide array of client needs.

How much funding has Svmps raised?

Svmps has raised a total of $2.3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

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

Debt (2021): $1.3M led by PPP

Key Investors in Svmps

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Svmps?

The substantial enterprise-level funding and recent strategic investment suggest Svmps is poised for significant expansion and further market penetration. This capital injection will likely fuel advancements in service technology, geographic reach, and operational efficiency. The company's established track record and focus on critical disaster recovery services position it for continued growth and resilience in the restoration industry.

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Frequently Asked Questions Regarding Svmps Financial Insights

What are the most recent funding rounds that Svmps has completed, and what were the funding rounds?
Svmps has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 4, 2020. What is the total amount of funding Svmps has raised to date?
Svmps has raised a total of $2.3M in funding to date. How many funding rounds has Svmps completed?
Svmps has completed 2 funding rounds. How much funding did Svmps raise in its most recent funding round?
Svmps raised $1.3M in its most recent funding round. Who are the lead investors in Svmps's latest funding round?
The lead investor in Svmps'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 Svmps's history?
The largest funding round in Svmps's history was $1.3M.
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