How Much Did Ace-Atlas Raise?
Funding & Key Investors

Ace-Atlas, a cornerstone of the New York City heating infrastructure since 1954, has successfully secured a significant capital injection to bolster its operational capabilities. The firm, which has reached a total valuation milestone represented by $486K, recently finalized a major strategic investment totaling $336K. This latest infusion of financing underscores the company's enduring relevance in the essential services sector and its capacity to attract substantial backing even as a mature market participant.

What is Ace-Atlas?

Ace-Atlas
ConstructionConstruction ManagementConsumer Services

Operating as a full-service heating specialist, Ace-Atlas maintains a robust market position by leveraging a team of 51 highly skilled professionals. The company specializes in complex boiler repair and mobile boiler compliance solutions, serving a diverse portfolio of over 3000 clients across the metropolitan area. By combining decades of institutional knowledge with modern compliance standards, Ace-Atlas has effectively insulated itself against market volatility, positioning its service model as a critical utility-adjacent asset within the competitive New York heating landscape.

How much funding has Ace-Atlas raised?

Ace-Atlas has raised a total of $486K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$336K

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

Debt (2021): $336K led by PPP

Key Investors in Ace-Atlas

PPP

Public-Private Partnership

What's next for Ace-Atlas?

With the recent influx of capital, Ace-Atlas is poised to transition into a phase of accelerated infrastructure modernization and service expansion. The strategic allocation of these funds will likely focus on upgrading mobile boiler fleets and enhancing digital compliance tracking systems to meet increasingly stringent urban environmental regulations. By reinforcing its technical backbone, the company aims to solidify its dominance in the NYC heating market, ensuring that its long-standing reputation for reliability translates into sustained revenue growth and operational efficiency in the coming fiscal cycles.

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Frequently Asked Questions Regarding Ace-Atlas Financial Insights

What are the most recent funding rounds that Ace-Atlas has completed, and what were the funding rounds?
Ace-Atlas has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Ace-Atlas has raised to date?
Ace-Atlas has raised a total of $486K in funding to date.
How many funding rounds has Ace-Atlas completed?
Ace-Atlas has completed 2 funding rounds.
How much funding did Ace-Atlas raise in its most recent funding round?
Ace-Atlas raised $336K in its most recent funding round.
Who are the lead investors in Ace-Atlas's latest funding round?
The lead investor in Ace-Atlas'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 Ace-Atlas's history?
The largest funding round in Ace-Atlas's history was $336K.
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