How Much Did Baumann & Degroot Heating & Cooling Raise?
Funding & Key Investors

Baumann & Degroot Heating & Cooling has secured $819K in total capital, with its most recent financing round bringing in $469K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the HVAC sector.

What is Baumann & Degroot Heating & Cooling?

Baumann & Degroot Heating & Cooling
ConstructionConstruction ManagementConsumer Services

Baumann & Degroot Heating & Cooling, a fixture in West Michigan since 1994, specializes in comprehensive heating and cooling system services. Their offerings encompass installation, routine maintenance, and repair for air conditioning, heating, and water heating units. The company distinguishes itself through a commitment to transparent pricing, dependable service, and the promotion of energy-efficient solutions, all delivered without high-pressure sales tactics. With over three decades of operational experience, Baumann & Degroot has cultivated a strong reputation for reliability and trustworthiness within the community, emphasizing a customer-centric approach and fostering a positive internal culture.

How much funding has Baumann & Degroot Heating & Cooling raised?

Baumann & Degroot Heating & Cooling has raised a total of $819K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$469K

Debt (2020): $350K with participation from PPP

Debt (2021): $469K led by PPP

Key Investors in Baumann & Degroot Heating & Cooling

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Baumann & Degroot Heating & Cooling?

The recent major strategic investment signals a pivotal moment for Baumann & Degroot Heating & Cooling, likely enabling expansion of services, technological upgrades, or market penetration. This capital infusion is expected to fuel further growth and solidify its position as a leading provider of HVAC solutions in West Michigan. The company's focus on community and customer satisfaction, combined with its extensive experience, positions it well for sustained development and operational enhancement.

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Frequently Asked Questions Regarding Baumann & Degroot Heating & Cooling Financial Insights

What are the most recent funding rounds that Baumann & Degroot Heating & Cooling has completed, and what were the funding rounds?
Baumann & Degroot Heating & Cooling has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Baumann & Degroot Heating & Cooling has raised to date?
Baumann & Degroot Heating & Cooling has raised a total of $819K in funding to date.
How many funding rounds has Baumann & Degroot Heating & Cooling completed?
Baumann & Degroot Heating & Cooling has completed 2 funding rounds.
How much funding did Baumann & Degroot Heating & Cooling raise in its most recent funding round?
Baumann & Degroot Heating & Cooling raised $469K in its most recent funding round.
Who are the lead investors in Baumann & Degroot Heating & Cooling's latest funding round?
The lead investor in Baumann & Degroot Heating & Cooling'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 Baumann & Degroot Heating & Cooling's history?
The largest funding round in Baumann & Degroot Heating & Cooling's history was $469K.
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