How Much Did Air Rite Service Raise?
Funding & Key Investors

Air Rite Service has secured significant capital, with total funding reaching $150K following a recent strategic investment of $150K. This latest financing round underscores the company's established presence and ongoing growth trajectory in the competitive HVAC sector.

What is Air Rite Service?

Air Rite Service
ConstructionConstruction ManagementConsumer Services

Air Rite Service, Inc. is a long-standing provider of heating and air conditioning products and services, operating since 1952. The company offers comprehensive installation, repair, and emergency services to residential, commercial, and light industrial clients across Cleveland, Ohio, and surrounding areas. Their product portfolio includes a wide range of HVAC systems such as gas furnaces, boilers, and air conditioning units, with a notable emphasis on indoor air quality solutions like their Healthy Air System. The company has built a reputation for customer satisfaction through its team of skilled technicians.

How much funding has Air Rite Service raised?

Air Rite Service has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Air Rite Service?

The substantial capital infusion, particularly the recent strategic investment, positions Air Rite Service for significant expansion and operational enhancement. This backing is indicative of a company in a mature growth phase, likely focusing on scaling its service offerings, expanding its geographic reach, or investing in new technologies to maintain its competitive edge in the HVAC market. Future developments may include strategic acquisitions or deeper integration of advanced climate control solutions.

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Frequently Asked Questions Regarding Air Rite Service Financial Insights

What are the most recent funding rounds that Air Rite Service has completed, and what were the funding rounds?
Air Rite Service has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Air Rite Service has raised to date?
Air Rite Service has raised a total of $150K in funding to date.
How many funding rounds has Air Rite Service completed?
Air Rite Service has completed 1 funding rounds.
How much funding did Air Rite Service raise in its most recent funding round?
Air Rite Service raised $150K in its most recent funding round.
Who are the lead investors in Air Rite Service's latest funding round?
The lead investor in Air Rite Service'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 Air Rite Service's history?
The largest funding round in Air Rite Service's history was $150K.
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