How Much Did Allegheny Engineering Raise?
Funding & Key Investors

Allegheny Engineering has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant capital infusion underscores the company's established position in the market and its trajectory for continued expansion within the industrial, commercial, and institutional HVAC sectors.

What is Allegheny Engineering?

Allegheny Engineering
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Founded in 1937, Allegheny Engineering Company is an independent manufacturer's representative with over 75 years of experience in the HVAC industry. The company specializes in providing an extensive and innovative line-up of HVAC solutions, parts, service, and equipment. Allegheny Engineering Company prides itself on staying at the forefront of new technology, representing manufacturers that offer custom selection, installation, and service of HVAC equipment. Their comprehensive product offerings include cooling towers, custom air handlers, rooftop units, chillers, and advanced control systems like Variable Air Volume (VAV) and Variable Refrigerant Volume (VRV) controls, catering to diverse application needs. The company also provides essential support through replacement parts and factory service for all products sold.

How much funding has Allegheny Engineering raised?

Allegheny Engineering has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Allegheny Engineering?

With its recent large-scale, late-stage funding, Allegheny Engineering is poised to further enhance its market leadership. The strategic investment will likely fuel advancements in their product lines, expand their service capabilities, and potentially broaden their geographical reach. This capital will enable the company to continue its legacy of innovation, offering cutting-edge HVAC solutions and robust support to industrial, commercial, and institutional clients, solidifying its role as a key player in the evolving HVAC landscape.

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Frequently Asked Questions Regarding Allegheny Engineering Financial Insights

What are the most recent funding rounds that Allegheny Engineering has completed, and what were the funding rounds?
Allegheny Engineering has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Allegheny Engineering has raised to date?
Allegheny Engineering has raised a total of $150K in funding to date.
How many funding rounds has Allegheny Engineering completed?
Allegheny Engineering has completed 1 funding rounds.
How much funding did Allegheny Engineering raise in its most recent funding round?
Allegheny Engineering raised $150K in its most recent funding round.
Who are the lead investors in Allegheny Engineering's latest funding round?
The lead investor in Allegheny Engineering'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 Allegheny Engineering's history?
The largest funding round in Allegheny Engineering's history was $150K.
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