How Much Did Ace Robbins Raise?
Funding & Key Investors

Ace Robbins has secured $870K in total capital, with a recent major strategic investment of $520K finalized on January 28, 2021. This significant financing underscores the company's established presence and strategic growth initiatives within the home comfort and energy services sector.

The company's funding history includes prior debt financing rounds, indicating a consistent approach to capital management and operational expansion.

What is Ace Robbins?

Ace Robbins
RetailConvenience Stores, Gas Stations & Liquor StoresConsumer Services

Ace Robbins is a well-established, locally owned enterprise based in Tunkhannock, Pennsylvania, with over 70 years of operational history. The company specializes in the delivery of propane and heating oil, alongside comprehensive HVAC services. Their offerings extend to the installation of home comfort equipment, including central air conditioning, ductless systems, and water heaters. Ace Robbins serves both residential and commercial clientele, positioning itself as a reliable provider of essential heating, cooling, and fuel solutions. The company emphasizes exceptional service and customer satisfaction, further supported by a user-friendly mobile application.

How much funding has Ace Robbins raised?

Ace Robbins has raised a total of $870K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$520K

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

Debt (2021): $520K led by PPP

What's next for Ace Robbins?

The recent major strategic investment signals a pivotal phase for Ace Robbins, likely enabling further expansion of its service offerings, technological integration, or geographic reach. Given the company's long-standing history and focus on essential home comfort services, this capital infusion is expected to bolster its competitive position in the Wyoming County region and beyond. Future developments may include enhanced service delivery capabilities, fleet modernization, or strategic partnerships to solidify its market leadership in propane, heating oil, and HVAC solutions.

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Frequently Asked Questions Regarding Ace Robbins Financial Insights

What are the most recent funding rounds that Ace Robbins has completed, and what were the funding rounds?
Ace Robbins has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Ace Robbins has raised to date?
Ace Robbins has raised a total of $870K in funding to date.
How many funding rounds has Ace Robbins completed?
Ace Robbins has completed 2 funding rounds.
How much funding did Ace Robbins raise in its most recent funding round?
Ace Robbins raised $520K in its most recent funding round.
Who are the lead investors in Ace Robbins's latest funding round?
The lead investor in Ace Robbins'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 Robbins's history?
The largest funding round in Ace Robbins's history was $520K.
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