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How Much Did Able Mechanical Raise?
Funding & Key Investors

Able Mechanical has secured $954K in total capital, with its most recent financing round bringing in $604K. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion in the commercial and industrial services sector.

What is Able Mechanical?

Able Mechanical
ConstructionConstruction ManagementConsumer Services

Able Mechanical Inc. is a seasoned provider of Commercial Restaurant Repair & Service and Industrial HVAC Repair & Service, established in 1993. Serving the tri-state area, the company boasts a team of over 20 qualified Journeyman Mechanics and a dedicated office staff. Their specialization encompasses Commercial Service for all Refrigeration, Commercial Kitchen Appliances, and Heating and Air Conditioning systems. Recognized as one of the fastest-growing HVAC contractors in the region, Able Mechanical is a trusted name for quality commercial kitchen service.

How much funding has Able Mechanical raised?

Able Mechanical has raised a total of $954K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$604K

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

Debt (2021): $604K led by PPP

Key Investors in Able Mechanical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Able Mechanical?

The recent major strategic investment indicates a strong confidence in Able Mechanical's operational model and market position. This capital infusion is likely earmarked for enhancing service capabilities, expanding geographic reach within the tri-state area, and potentially investing in advanced diagnostic and repair technologies. The company's focus on essential services for commercial kitchens and industrial HVAC suggests a resilient business model poised for sustained growth and market leadership.

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Frequently Asked Questions Regarding Able Mechanical Financial Insights

What are the most recent funding rounds that Able Mechanical has completed, and what were the funding rounds?
Able Mechanical has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 20, 2020. What is the total amount of funding Able Mechanical has raised to date?
Able Mechanical has raised a total of $954K in funding to date. How many funding rounds has Able Mechanical completed?
Able Mechanical has completed 2 funding rounds. How much funding did Able Mechanical raise in its most recent funding round?
Able Mechanical raised $604K in its most recent funding round. Who are the lead investors in Able Mechanical's latest funding round?
The lead investor in Able Mechanical'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 Able Mechanical's history?
The largest funding round in Able Mechanical's history was $604K.
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