How Much Did Altrol Raise?
Funding & Key Investors

Altrol, a Fairbanks-based provider of HVAC and general plumbing services, has secured $334K in total capital, with its most recent funding round bringing in $184K through a major strategic investment. This significant backing underscores the company's established presence and its capacity for continued expansion in the competitive service industry.

What is Altrol?

Altrol
ConstructionConstruction ManagementConsumer Services

Altrol Heating, Cooling, & Plumbing specializes in comprehensive HVAC solutions and general plumbing for both residential and commercial clients in Fairbanks and surrounding areas. Their service portfolio includes heating, air conditioning, duct cleaning, and commercial refrigeration, positioning them as a versatile provider in the region. The company emphasizes its commitment to 24/7 emergency services, aiming to ensure consistent customer comfort and satisfaction. This focus on immediate support is a key differentiator in the local market.

How much funding has Altrol raised?

Altrol has raised a total of $334K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$184K

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

Debt (2021): $184K led by PPP

Key Investors in Altrol

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Altrol?

With a substantial total funding amount of $334K and a recent strategic investment of $184K, Altrol is well-positioned for its next phase of growth. The company's late-stage funding context suggests a focus on scaling operations, potentially expanding its service area, or investing in new technologies to enhance its offerings. Strategic capital injections at this stage often signal an intent to solidify market leadership and explore new revenue streams, possibly through acquisitions or enhanced marketing efforts to capture a larger share of the Fairbanks market and beyond.

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Frequently Asked Questions Regarding Altrol Financial Insights

What are the most recent funding rounds that Altrol has completed, and what were the funding rounds?
Altrol has recently completed 2 funding rounds: Debt on Mar 3, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Altrol has raised to date?
Altrol has raised a total of $334K in funding to date.
How many funding rounds has Altrol completed?
Altrol has completed 2 funding rounds.
How much funding did Altrol raise in its most recent funding round?
Altrol raised $184K in its most recent funding round.
Who are the lead investors in Altrol's latest funding round?
The lead investor in Altrol'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 Altrol's history?
The largest funding round in Altrol's history was $184K.
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