How Much Did Ace Temperature Control Raise?
Funding & Key Investors

Ace Temperature Control has secured $472K in total capital, with its most recent financing round bringing in $322K in a major strategic investment. This significant backing underscores the company's established presence and potential for continued expansion in the HVAC sector.

What is Ace Temperature Control?

Ace Temperature Control
ConstructionConstruction ManagementConsumer Services

Ace Temperature Control, established in 1963 and based in Worcester, MA, is a comprehensive HVAC service provider catering to both residential and commercial clients. The company offers a full spectrum of heating, cooling, and commercial refrigeration services, backed by a team with over a century of combined expertise. Ace Temperature Control is recognized for its commitment to personalized customer care, providing 24/7 emergency services, complimentary estimates, and a one-year workmanship warranty. As a locally owned entity, it prioritizes delivering reliable, efficient, and tailored comfort solutions throughout Central Massachusetts, reinforcing its reputation for excellence and customer satisfaction.

How much funding has Ace Temperature Control raised?

Ace Temperature Control has raised a total of $472K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$322K

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

Debt (2021): $322K led by PPP

Key Investors in Ace Temperature Control

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ace Temperature Control?

With substantial capital infusion, Ace Temperature Control is poised for strategic growth. The large-scale, late-stage funding suggests a focus on scaling operations, potentially through market expansion, service diversification, or technological upgrades to enhance efficiency and customer service. This investment will likely enable the company to solidify its market leadership and pursue new opportunities within the competitive HVAC industry, ensuring sustained comfort and operational excellence for its clientele.

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Frequently Asked Questions Regarding Ace Temperature Control Financial Insights

What are the most recent funding rounds that Ace Temperature Control has completed, and what were the funding rounds?
Ace Temperature Control has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Ace Temperature Control has raised to date?
Ace Temperature Control has raised a total of $472K in funding to date.
How many funding rounds has Ace Temperature Control completed?
Ace Temperature Control has completed 2 funding rounds.
How much funding did Ace Temperature Control raise in its most recent funding round?
Ace Temperature Control raised $322K in its most recent funding round.
Who are the lead investors in Ace Temperature Control's latest funding round?
The lead investor in Ace Temperature Control'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 Temperature Control's history?
The largest funding round in Ace Temperature Control's history was $322K.
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