How Much Did Ace Robbins Raise?
Funding & Key Investors

Ace Robbins has secured $870K in total funding, with its most recent capital infusion of $520K arriving on January 28, 2021. This recent strategic investment underscores the company's established presence and ongoing operational needs within its market. The company's funding history, primarily consisting of debt financing, indicates a focus on operational capital rather than equity dilution for growth.

What is Ace Robbins?

Ace Robbins
RetailConvenience Stores, Gas Stations & Liquor StoresConsumer Services

Ace Robbins is a long-standing, locally owned enterprise based in Tunkhannock, Pennsylvania, with over 70 years of service to Wyoming County and surrounding regions. The company specializes in essential home and commercial services, including the delivery of propane and heating oil, comprehensive HVAC services, and the installation of home comfort equipment such as central air conditioning, ductless systems, and water heaters. Ace Robbins caters to both residential and commercial clients seeking dependable heating, cooling, and fuel solutions, emphasizing exceptional service and customer satisfaction, further enhanced 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

Key Investors in Ace Robbins

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for Ace Robbins?

The consistent debt financing secured by Ace Robbins suggests a strategy focused on maintaining and expanding its operational capacity and service offerings rather than pursuing rapid, equity-fueled growth. The recent major strategic investment, while not specified in monetary terms, likely supports the company's ongoing commitment to reliable service delivery and infrastructure maintenance. Future developments may involve further optimization of their delivery logistics, expansion of HVAC service capabilities, or integration of new home comfort technologies to meet evolving customer demands in the residential and commercial sectors.

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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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