How Much Did Active Heating Raise?
Funding & Key Investors

Active Heating has secured $507K in total capital, with its most recent financing round bringing in $357K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the HVAC and plumbing sector. The company's funding history, primarily consisting of debt financing, indicates a strategy focused on leveraging capital for operational expansion and service enhancement over the years, with notable debt rounds in April 2020 and January 2021.

What is Active Heating?

Active Heating
ConstructionConstruction ManagementConsumer Services

Active Heating stands as a premier HVAC and plumbing service provider in northeast South Dakota, with a legacy spanning over four decades. Serving the Brookings and Watertown areas, the company offers comprehensive solutions for residential, commercial, and industrial clients, specializing in heating, cooling, indoor air quality, and plumbing services. Their commitment to delivering outstanding service and fostering enduring customer relationships is central to their operational philosophy. The company's service portfolio includes a wide array of offerings, from essential heating and cooling systems to advanced water treatment solutions.

How much funding has Active Heating raised?

Active Heating has raised a total of $507K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$357K

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

Debt (2021): $357K led by PPP

Key Investors in Active Heating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed investor

Undisclosed investor participating in the funding round, contributing to the company's overall capital structure.

What's next for Active Heating?

The recent major strategic investment positions Active Heating for continued expansion and service enhancement. This capital infusion is expected to fuel further development of their service capabilities and market reach within South Dakota. Given the enterprise-level nature of their funding, the company is likely focused on scaling operations, potentially through acquisitions or significant infrastructure upgrades, to solidify its leadership in the regional HVAC and plumbing market. Future growth may also involve adopting new technologies to improve efficiency and customer service.

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Frequently Asked Questions Regarding Active Heating Financial Insights

What are the most recent funding rounds that Active Heating has completed, and what were the funding rounds?
Active Heating has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Active Heating has raised to date?
Active Heating has raised a total of $507K in funding to date.
How many funding rounds has Active Heating completed?
Active Heating has completed 2 funding rounds.
How much funding did Active Heating raise in its most recent funding round?
Active Heating raised $357K in its most recent funding round.
Who are the lead investors in Active Heating's latest funding round?
The lead investor in Active Heating'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 Active Heating's history?
The largest funding round in Active Heating's history was $357K.
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