How Much Did Carmel Software Raise?
Funding & Key Investors

Carmel Software, a prominent player in HVAC design and engineering software, has secured $20K in total financing, with a recent capital infusion of $20K designated for substantial expansion. This latest round of investment underscores the company's strategic growth trajectory and its established position in the market.

What is Carmel Software?

Carmel Software
SoftwareEngineering SoftwareMobile App Development

Carmel Software specializes in developing and distributing HVAC mobile applications, boasting a portfolio of over 40 specialized tools for Apple iOS and Android platforms. The company collaborates with Fortune 500 building service firms to deliver bespoke heating and cooling solutions. Their offerings, including tools like HVAC ResLoad-J and HVAC Equipment Locator, are designed to simplify complex field-based calculations and enhance operational efficiency for professionals across the HVAC, engineering, and energy sectors. Carmel Software also provides customized versions of its software to industry leaders such as Carrier and Trane Technologies, further solidifying its market presence and impact on HVAC equipment management.

How much funding has Carmel Software raised?

Carmel Software has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

What's next for Carmel Software?

With significant expansion capital secured, Carmel Software is poised for accelerated growth. The company's focus on providing essential mobile tools for HVAC and engineering professionals, coupled with strategic partnerships with major industry players, positions it for continued innovation and market penetration. Future developments are likely to involve enhancing their mobile application suite and expanding their reach within the global building services industry, leveraging their established expertise in HVAC design and engineering software.

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Frequently Asked Questions Regarding Carmel Software Financial Insights

What are the most recent funding rounds that Carmel Software has completed, and what were the funding rounds?
Carmel Software has recently completed 1 funding rounds: Debt on Mar 18, 2021.
What is the total amount of funding Carmel Software has raised to date?
Carmel Software has raised a total of $20K in funding to date.
How many funding rounds has Carmel Software completed?
Carmel Software has completed 1 funding rounds.
How much funding did Carmel Software raise in its most recent funding round?
Carmel Software raised $20K in its most recent funding round.
Who are the lead investors in Carmel Software's latest funding round?
The lead investor in Carmel Software'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 Carmel Software's history?
The largest funding round in Carmel Software's history was $20K.
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