How Much Did Torch Service Raise?
Funding & Key Investors

Torch Service has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a total funding amount reaching $150K, the firm is well-positioned to expand its service footprint within the Owasso and Tulsa metro regions. This recent funding amount of $150K underscores the company's resilience and its capacity to attract substantial capital in a competitive home services market.

What is Torch Service?

Torch Service
ConstructionConstruction ManagementConsumer Services

Torch Plumbing, Heating, & Cooling operates as a cornerstone of residential infrastructure maintenance in Oklahoma. By providing essential HVAC and plumbing solutions, the company has cultivated a reputation for reliability and community-centric service. Their business model focuses on high-frequency maintenance, emergency repairs, and system installations, catering to a growing demographic of homeowners who prioritize safety and climate control. As a family-owned enterprise, Torch Service leverages local market expertise to maintain a competitive edge against larger, national service providers, ensuring consistent customer satisfaction through localized, high-touch engagement.

How much funding has Torch Service raised?

Torch Service has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Torch Service

PPP

Public-Private Partnership

What's next for Torch Service?

The infusion of capital is expected to catalyze the next phase of growth for Torch Service, likely focusing on fleet expansion, workforce development, and the integration of advanced diagnostic technologies. By scaling its service capacity, the company aims to capture a larger share of the Tulsa metro market. Strategic deployment of these funds will likely prioritize operational efficiency and the enhancement of their emergency response infrastructure, ensuring that the firm remains the preferred provider for residential maintenance. As the company transitions into this late-stage growth phase, the focus will shift toward long-term sustainability and potential service diversification to meet evolving consumer demands in the home services sector.

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Frequently Asked Questions Regarding Torch Service Financial Insights

What are the most recent funding rounds that Torch Service has completed, and what were the funding rounds?
Torch Service has recently completed 1 funding rounds: Debt on Apr 3, 2020.
What is the total amount of funding Torch Service has raised to date?
Torch Service has raised a total of $150K in funding to date.
How many funding rounds has Torch Service completed?
Torch Service has completed 1 funding rounds.
How much funding did Torch Service raise in its most recent funding round?
Torch Service raised $150K in its most recent funding round.
Who are the lead investors in Torch Service's latest funding round?
The lead investor in Torch Service'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 Torch Service's history?
The largest funding round in Torch Service's history was $150K.
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