How Much Did Wizard Restorations Raise?
Funding & Key Investors

Wizard Restorations, a provider of comprehensive water, fire, and flood damage restoration services, has secured $349K in total capital. The company recently announced a significant strategic investment of $199K, underscoring its established position in the market and its trajectory for further expansion. This latest financing round follows previous debt financing rounds, indicating a shift towards strategic growth capital.

What is Wizard Restorations?

Wizard Restorations
ConstructionConstruction ManagementConsumer Services

Wizard Restorations operates within the property restoration sector, offering 24/7 emergency response for water, fire, and flood damage. The Southern California-based firm extends its services to include specialized cleaning for carpets, rugs, and upholstery, aiming to guide both residential and commercial clients through informed decision-making processes for repair and restoration. Their operational focus is on delivering prompt and professional solutions to mitigate property damage.

How much funding has Wizard Restorations raised?

Wizard Restorations has raised a total of $349K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$199K

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

Debt (2021): $199K led by PPP

Key Investors in Wizard Restorations

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Wizard Restorations?

The substantial late-stage funding, particularly the recent strategic investment, positions Wizard Restorations for significant scaling and market penetration. This capital infusion is likely to fuel operational enhancements, geographic expansion, and potentially the adoption of advanced restoration technologies. The company's focus on emergency services and comprehensive cleaning suggests a strategy aimed at capturing a larger share of the disaster recovery market, leveraging its established reputation for professional and timely service delivery.

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Frequently Asked Questions Regarding Wizard Restorations Financial Insights

What are the most recent funding rounds that Wizard Restorations has completed, and what were the funding rounds?
Wizard Restorations has recently completed 2 funding rounds: Debt on Feb 16, 2021, Debt on May 1, 2020.
What is the total amount of funding Wizard Restorations has raised to date?
Wizard Restorations has raised a total of $349K in funding to date.
How many funding rounds has Wizard Restorations completed?
Wizard Restorations has completed 2 funding rounds.
How much funding did Wizard Restorations raise in its most recent funding round?
Wizard Restorations raised $199K in its most recent funding round.
Who are the lead investors in Wizard Restorations's latest funding round?
The lead investor in Wizard Restorations'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 Wizard Restorations's history?
The largest funding round in Wizard Restorations's history was $199K.
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