How Much Did Altrol Raise?
Funding & Key Investors

Altrol, a prominent Fairbanks-based provider of climate control and plumbing infrastructure, has successfully secured a significant capital injection to bolster its operational capacity. This latest financing round, which brings the total capital raised to $334K, underscores the firm's robust market position. The recent infusion of $184K represents a major strategic investment, signaling strong institutional confidence in the company's ability to scale its service delivery across the Alaskan interior.

What is Altrol?

Altrol
ConstructionConstruction ManagementConsumer Services

Altrol Heating, Cooling, & Plumbing operates as a critical service provider within the Fairbanks region, offering a comprehensive suite of HVAC, duct maintenance, and commercial refrigeration solutions. By maintaining a dual-focus on residential and commercial sectors, the company has established a resilient business model that prioritizes 24/7 emergency availability. This operational reliability has positioned Altrol as a cornerstone of local infrastructure, ensuring consistent climate control and plumbing integrity for a diverse client base in a challenging geographic environment.

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

What's next for Altrol?

With this late-stage capital, Altrol is well-positioned to optimize its service logistics and potentially expand its footprint in the regional market. The strategic allocation of these funds will likely focus on enhancing fleet efficiency, upgrading diagnostic technology for commercial refrigeration, and strengthening the company's emergency response capabilities. As the firm transitions into this next phase of growth, the focus remains on maintaining high-service standards while leveraging its increased financial liquidity to capture a larger share of the regional HVAC and plumbing maintenance market.

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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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