How Much Did Burt's Reliable Raise?
Funding & Key Investors

Burt's Reliable has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the company's robust position within the Long Island utility sector. By leveraging this recent strategic investment, the firm aims to solidify its operational footprint across the North Fork and East End regions, ensuring continued service excellence in a competitive energy landscape.

What is Burt's Reliable?

Burt's Reliable
RetailConvenience Stores, Gas Stations & Liquor StoresConsumer Services

Established in 1917, Burt's Reliable has evolved into a cornerstone of the North Fork community, specializing in comprehensive HVAC solutions and heating oil delivery. The company distinguishes itself through a commitment to energy efficiency, offering low-sulfur heating oil and advanced climate control systems for both residential and commercial clients. With over a century of service, the organization maintains a reputation for technical expertise and reliability, effectively bridging the gap between traditional utility services and modern, sustainable energy management practices.

How much funding has Burt's Reliable raised?

Burt's Reliable has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Burt's Reliable

PPP

Public-Private Partnership

What's next for Burt's Reliable?

With this late-stage capital, Burt's Reliable is positioned to accelerate its infrastructure modernization and expand its service portfolio. The strategic allocation of these funds will likely focus on upgrading delivery logistics and enhancing the deployment of high-efficiency HVAC technologies. As the company navigates the complexities of the regional energy market, this financial backing provides the necessary liquidity to maintain its competitive edge, potentially exploring further integration of green energy solutions to meet evolving consumer demands for sustainable home comfort.

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Frequently Asked Questions Regarding Burt's Reliable Financial Insights

What are the most recent funding rounds that Burt's Reliable has completed, and what were the funding rounds?
Burt's Reliable has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Burt's Reliable has raised to date?
Burt's Reliable has raised a total of $350K in funding to date.
How many funding rounds has Burt's Reliable completed?
Burt's Reliable has completed 1 funding rounds.
How much funding did Burt's Reliable raise in its most recent funding round?
Burt's Reliable raised $350K in its most recent funding round.
Who are the lead investors in Burt's Reliable's latest funding round?
The lead investor in Burt's Reliable'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 Burt's Reliable's history?
The largest funding round in Burt's Reliable's history was $350K.
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