How Much Did TRAC Solutions Raise?
Funding & Key Investors

TRAC Solutions has secured significant capital, with a total funding amount of $150K. The company recently announced a major strategic investment of $150K, underscoring its position in the restoration services market. This recent financing round follows a history of capital injections, including a debt financing of $150M on April 8, 2020, from PPP.

What is TRAC Solutions?

TRAC Solutions
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConsumer Services

TRAC Solutions specializes in comprehensive residential and commercial restoration services, addressing fire, water, and storm damage, alongside mold remediation, cleaning, and basement waterproofing. As a state-licensed contractor, the company provides professional solutions for structural damage, operating 24/7 for emergency response. TRAC Solutions is an authorized dealer of Steamatic cleaning services and a certified operator of an Esporta Wash System. The company's commitment to professional standards is evidenced by its Institute of Inspection Cleaning and Restoration Certification (IICRC) and Applied Structural Drying (ASD) certifications, membership in the National Air Duct Cleaner's Association (NADCA), and accreditation by the Better Business Bureau.

How much funding has TRAC Solutions raised?

TRAC Solutions has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for TRAC Solutions?

The recent major strategic investment signals a period of accelerated growth and potential expansion for TRAC Solutions. Given the company's large-scale late-stage funding context, this capital infusion is likely to be directed towards enhancing operational capacity, expanding service offerings, and potentially entering new geographic markets. TRAC Solutions is well-positioned to leverage this backing to solidify its leadership in the emergency restoration and specialized cleaning sectors, further distinguishing itself through its certified expertise and 24/7 availability.

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Frequently Asked Questions Regarding TRAC Solutions Financial Insights

What are the most recent funding rounds that TRAC Solutions has completed, and what were the funding rounds?
TRAC Solutions has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding TRAC Solutions has raised to date?
TRAC Solutions has raised a total of $150K in funding to date.
How many funding rounds has TRAC Solutions completed?
TRAC Solutions has completed 1 funding rounds.
How much funding did TRAC Solutions raise in its most recent funding round?
TRAC Solutions raised $150K in its most recent funding round.
Who are the lead investors in TRAC Solutions's latest funding round?
The lead investor in TRAC Solutions'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 TRAC Solutions's history?
The largest funding round in TRAC Solutions's history was $150K.
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