How Much Did Ace Heaters Raise?
Funding & Key Investors

Ace Heaters has secured $396K in total capital, with a recent strategic investment of $246K announced on January 26, 2021. This significant financing round underscores the company's established presence in the specialized heating equipment market and its trajectory towards further expansion. The company's consistent access to capital, including prior debt financing, highlights its financial stability and operational capacity.

What is Ace Heaters?

Ace Heaters
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

Ace Heaters specializes in providing customized heating solutions for demanding applications, serving both new construction and system overhaul projects across the nation. The company's Ace Series heating equipment is engineered for longevity and low maintenance, utilizing non-proprietary parts to ensure affordability and ease of upkeep throughout the product lifecycle. This commitment to quality, dependability, efficiency, and functionality positions Ace Heaters as a preferred partner for specialized building projects requiring robust and reliable heating systems.

How much funding has Ace Heaters raised?

Ace Heaters has raised a total of $396K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$246K

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

Debt (2021): $246K led by PPP

What's next for Ace Heaters?

The recent major strategic investment signals a pivotal moment for Ace Heaters, likely enabling the company to accelerate its growth initiatives, enhance its product development pipeline, and potentially expand its market reach. This infusion of capital is expected to bolster its capacity to undertake larger projects and further solidify its reputation for delivering high-performance, durable heating solutions. The company's focus on specialized applications suggests a strategic direction towards deepening its expertise and market share within niche segments of the construction and building services industry.

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Frequently Asked Questions Regarding Ace Heaters Financial Insights

What are the most recent funding rounds that Ace Heaters has completed, and what were the funding rounds?
Ace Heaters has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Ace Heaters has raised to date?
Ace Heaters has raised a total of $396K in funding to date.
How many funding rounds has Ace Heaters completed?
Ace Heaters has completed 2 funding rounds.
How much funding did Ace Heaters raise in its most recent funding round?
Ace Heaters raised $246K in its most recent funding round.
Who are the lead investors in Ace Heaters's latest funding round?
The lead investor in Ace Heaters'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 Heaters's history?
The largest funding round in Ace Heaters's history was $246K.
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