What is Burns & McBride?
Burns & McBride is a long-standing HVAC service provider based near Wilmington, Delaware, with a history dating back to 1949. The company specializes in comprehensive heating, cooling, and air quality solutions, offering installation, maintenance, and repair for a wide array of equipment including furnaces, heat pumps, boilers, and water heaters. They also provide air quality products such as dehumidifiers and humidifiers. Burns & McBride emphasizes customer satisfaction through services like 24/7 emergency support and flexible financing options, serving Wilmington and its surrounding communities.
How much funding has Burns & McBride raised?
Burns & McBride has raised a total of $812K across 2 funding rounds:
Debt
$350K
Debt
$462K
Debt (2020): $350K with participation from PPP
Debt (2021): $462K led by PPP
What's next for Burns & McBride?
The recent major strategic investment in Burns & McBride, alongside its substantial total funding, suggests a focus on maintaining and potentially expanding its operational capacity and service offerings. Given the company's long history and its provision of essential services like emergency repairs and equipment maintenance, this capital infusion is likely aimed at reinforcing its market position, ensuring continued service reliability, and potentially upgrading infrastructure or fleet to meet evolving customer demands in the Wilmington area.
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