How Much Did Cool Power Raise?
Funding & Key Investors

Cool Power LLC, a cornerstone of the Long Island HVAC sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital brings the firm's total funding to $939K, with the most recent financing round contributing $589K to its balance sheet. This financial milestone underscores the company's enduring market relevance and its ability to leverage debt instruments to sustain long-term growth in a competitive service landscape.

What is Cool Power?

Cool Power
ConstructionConstruction ManagementConsumer Services

Established in 1976, Cool Power LLC has evolved into a premier provider of heating, ventilation, and air conditioning solutions across Nassau and Suffolk Counties. By maintaining a dual focus on residential and commercial sectors, the company has solidified its position as a critical infrastructure partner for property owners in New York. Their service portfolio, which spans complex system installations, preventative maintenance, and indoor air quality optimization, is supported by a 24/7 emergency response model. This operational resilience, combined with decades of technical expertise, allows Cool Power to maintain high service standards while navigating the cyclical demands of the regional climate control market.

How much funding has Cool Power raised?

Cool Power has raised a total of $939K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$589K

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

Debt (2021): $589K led by PPP

Key Investors in Cool Power

PPP

Public-Private Partnership

What's next for Cool Power?

With this major enterprise-level funding, Cool Power is positioned to accelerate its strategic expansion and modernize its service delivery infrastructure. The capital injection will likely be directed toward scaling the technician workforce, upgrading fleet logistics, and integrating advanced diagnostic technologies to enhance service efficiency. As the company moves into its next phase of development, the focus will remain on deepening its market penetration within Long Island while potentially exploring new service verticals related to energy-efficient climate control systems. By optimizing its capital structure, Cool Power is well-equipped to maintain its competitive edge and address the increasing demand for reliable, high-performance HVAC solutions in the tri-state area.

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Frequently Asked Questions Regarding Cool Power Financial Insights

What are the most recent funding rounds that Cool Power has completed, and what were the funding rounds?
Cool Power has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on May 1, 2020.
What is the total amount of funding Cool Power has raised to date?
Cool Power has raised a total of $939K in funding to date.
How many funding rounds has Cool Power completed?
Cool Power has completed 2 funding rounds.
How much funding did Cool Power raise in its most recent funding round?
Cool Power raised $589K in its most recent funding round.
Who are the lead investors in Cool Power's latest funding round?
The lead investor in Cool Power'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 Cool Power's history?
The largest funding round in Cool Power's history was $589K.
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