How Much Did Archer Mechanical Raise?
Funding & Key Investors

Archer Mechanical has secured $407K in total capital, with its most recent financing round bringing in $257K. This significant strategic investment underscores the company's established position in the mechanical services sector, particularly within multi-family, senior living, and commercial/industrial markets. The company's history of securing debt financing, including notable rounds in April 2020 and January 2021, indicates a focus on operational expansion and asset management.

What is Archer Mechanical?

Archer Mechanical
ConstructionConstruction ManagementConsumer Services

Established in 2007, Archer Mechanical is a family-owned enterprise specializing in the comprehensive service and maintenance of HVAC and boiler equipment. Their expertise spans a wide array of mechanical systems crucial for multi-family residential, senior assisted-living, and commercial/industrial facilities. With a team boasting over 75 years of combined experience, Archer Mechanical is adept at managing hydronic heating, chilled water cooling, and air quality control systems. The company emphasizes on-time project delivery through a proprietary planning and management process, ensuring high-quality service and client satisfaction even under demanding deadlines. This focus on operational efficiency and client trust positions them as a reliable partner in the mechanical contracting industry.

How much funding has Archer Mechanical raised?

Archer Mechanical has raised a total of $407K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$257K

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

Debt (2021): $257K led by PPP

What's next for Archer Mechanical?

The substantial capital infusion, particularly the recent strategic investment, signals Archer Mechanical's readiness for accelerated growth and market penetration. This backing is likely to fuel further expansion of their service capabilities, technological adoption in project management, and potentially geographic reach. As a company operating in a large-scale, late-stage funding environment, Archer Mechanical is poised to leverage this financial momentum to enhance its competitive edge, solidify its market leadership, and continue its commitment to delivering exceptional mechanical services across its target sectors. Future developments may include strategic acquisitions or enhanced service offerings to meet evolving industry demands.

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Frequently Asked Questions Regarding Archer Mechanical Financial Insights

What are the most recent funding rounds that Archer Mechanical has completed, and what were the funding rounds?
Archer Mechanical has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Archer Mechanical has raised to date?
Archer Mechanical has raised a total of $407K in funding to date.
How many funding rounds has Archer Mechanical completed?
Archer Mechanical has completed 2 funding rounds.
How much funding did Archer Mechanical raise in its most recent funding round?
Archer Mechanical raised $257K in its most recent funding round.
Who are the lead investors in Archer Mechanical's latest funding round?
The lead investor in Archer Mechanical'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 Archer Mechanical's history?
The largest funding round in Archer Mechanical's history was $257K.
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