How Much Did Boilersource Raise?
Funding & Key Investors

Boilersource, a prominent provider of mechanical room equipment, has secured significant capital, with total funding reaching $150K. The company recently announced a $150K investment, marking a major strategic development in its growth trajectory. This latest financing round underscores Boilersource's established position in the market and its potential for future expansion.

What is Boilersource?

Boilersource
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Boilersource, operating under the Meilner Mechanical Sales banner, is a third-generation, family-owned WBENC-certified business specializing in single-source sales and solutions for mechanical room equipment. Their comprehensive offerings include boilers, water heaters, water pressure boosters, and a wide array of ancillary systems and accessories. With over five decades of industry experience, Boilersource provides extensive support to its clientele, encompassing equipment application and selection, installation guidance, startup assistance, training, and warranty services. The company's commitment to quality and customer support has solidified its reputation in the sector.

How much funding has Boilersource raised?

Boilersource has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Boilersource

PPP

Public-Private Partnership

What's next for Boilersource?

The substantial late-stage funding indicates Boilersource is poised for significant scaling and strategic initiatives. This capital infusion is likely to fuel market penetration, product development, and potentially acquisitions, further strengthening its competitive advantage. The company's focus on essential mechanical room equipment, coupled with its long-standing expertise and WBENC certification, positions it favorably for continued growth and market leadership in the competitive landscape.

See full Boilersource company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Industrial Machinery & EquipmentManufacturingAutomobile Parts StoresRetailAutomotive Service & Collision RepairConsumer Services
ManufacturingPlastic, Packaging & Containers
ManufacturingWatches & JewelryRetailJewelry & Watch Retail
ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment

Frequently Asked Questions Regarding Boilersource Financial Insights

What are the most recent funding rounds that Boilersource has completed, and what were the funding rounds?
Boilersource has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Boilersource has raised to date?
Boilersource has raised a total of $150K in funding to date.
How many funding rounds has Boilersource completed?
Boilersource has completed 1 funding rounds.
How much funding did Boilersource raise in its most recent funding round?
Boilersource raised $150K in its most recent funding round.
Who are the lead investors in Boilersource's latest funding round?
The lead investor in Boilersource'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 Boilersource's history?
The largest funding round in Boilersource's history was $150K.
See more information about Boilersource