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 funding round bringing in $469K in a major strategic investment. This significant backing underscores the company's established presence and future growth potential 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 while avoiding high-pressure sales tactics. Their operational philosophy is deeply rooted in a community-centric approach, fostering a positive environment for both their clientele and their workforce. With over three decades of experience, Baumann & Degroot has cultivated a strong reputation for reliability and trustworthiness within the HVAC industry.

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 development and solidify its position as a leading provider of HVAC solutions in West Michigan. The company's focus on customer satisfaction and operational efficiency, combined with this new financial backing, positions it for sustained growth and enhanced service delivery.

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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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