How Much Did Boilersource Raise?
Funding & Key Investors

Boilersource has secured a total funding amount of $150K, with its most recent capital infusion being $150K in a major strategic investment. This significant backing underscores the company's established position in the market and its potential for continued expansion.

What is Boilersource?

Boilersource
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Boilersource, operating under the name Meilner Mechanical Sales, is a third-generation, family-owned WBENC certified business. The company specializes in providing a comprehensive suite of mechanical room equipment, including boilers, water heaters, and water pressure boosters, alongside a broad array of ancillary systems and accessories. With over five decades of industry experience, Boilersource offers expert support in equipment application, selection, installation guidance, startup, and training, solidifying its role as a single-source solutions provider in the mechanical equipment 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 recent large-scale late-stage funding indicates Boilersource is poised for significant growth and strategic initiatives. This capital injection is likely to fuel further market penetration, potential acquisitions, or the development of new service offerings. The company's long-standing expertise and commitment to quality suggest a trajectory focused on enhancing its operational capacity and expanding its reach within the mechanical solutions industry.

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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.
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