How Much Did TE Smith & Son Raise?
Funding & Key Investors

TE Smith & Son has successfully secured a major strategic investment, reinforcing its position as a cornerstone of the Delmarva Peninsula mechanical contracting sector. This latest capital injection, totaling $369K, arrives as the firm continues to scale its specialized HVAC and plumbing operations. With a cumulative financial backing of $719K, the company is well-positioned to leverage its eight-decade legacy to capture further market share in the mid-Atlantic region.

What is TE Smith & Son?

TE Smith & Son
ConstructionConstruction ManagementConsumer Services

Operating as a premier mechanical contracting entity, TE Smith & Son provides critical infrastructure support, including plumbing, heating, and air conditioning systems. The firm distinguishes itself through a robust service portfolio that encompasses custom duct fabrication, preventive maintenance, and emergency response protocols. By maintaining rigorous licensing across Maryland, Virginia, and Delaware, the company serves a diverse clientele, ranging from municipal entities to highly specialized medical and laboratory facilities that require precise environmental control systems.

How much funding has TE Smith & Son raised?

TE Smith & Son has raised a total of $719K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$369K

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

Debt (2021): $369K led by PPP

Key Investors in TE Smith & Son

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for TE Smith & Son?

The recent infusion of capital signals a strategic pivot toward operational expansion and technological integration within their service delivery model. As the firm navigates the complexities of the current economic landscape, the focus will likely remain on enhancing their preventive maintenance capabilities and expanding their footprint in the laboratory and healthcare sectors. By prioritizing long-term infrastructure reliability, TE Smith & Son is poised to maintain its competitive advantage, ensuring that its service offerings remain aligned with the evolving regulatory and technical requirements of the Delmarva Peninsula market.

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Frequently Asked Questions Regarding TE Smith & Son Financial Insights

What are the most recent funding rounds that TE Smith & Son has completed, and what were the funding rounds?
TE Smith & Son has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 15, 2020.
What is the total amount of funding TE Smith & Son has raised to date?
TE Smith & Son has raised a total of $719K in funding to date.
How many funding rounds has TE Smith & Son completed?
TE Smith & Son has completed 2 funding rounds.
How much funding did TE Smith & Son raise in its most recent funding round?
TE Smith & Son raised $369K in its most recent funding round.
Who are the lead investors in TE Smith & Son's latest funding round?
The lead investor in TE Smith & Son'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 TE Smith & Son's history?
The largest funding round in TE Smith & Son's history was $369K.
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