How Much Did Cool Power Raise?
Funding & Key Investors

Cool Power, a cornerstone of the Long Island HVAC sector, has successfully secured a significant capital injection, bringing its total funding to $939K. This latest strategic investment of $589K underscores the firm's robust market position and its capacity to scale operations across Nassau and Suffolk Counties. By leveraging this influx of financing, the company is well-positioned to enhance its service delivery infrastructure and solidify its reputation as a premier provider of climate control solutions.

What is Cool Power?

Cool Power
ConstructionConstruction ManagementConsumer Services

Established in 1976, Cool Power LLC operates as a comprehensive HVAC service provider, delivering critical heating, ventilation, and air conditioning solutions to a diverse residential and commercial client base. The company distinguishes itself through a commitment to technical excellence and 24/7 emergency availability, ensuring consistent indoor air quality and system reliability. As a mature entity in the regional utility and maintenance market, Cool Power utilizes its deep-rooted expertise to navigate the complexities of modern energy-efficient installations and legacy system maintenance, maintaining a competitive edge through high-touch customer service and specialized technical proficiency.

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 the recent infusion of capital, Cool Power is poised to accelerate its strategic growth initiatives, likely focusing on the modernization of its service fleet and the expansion of its digital maintenance monitoring capabilities. The company's trajectory suggests a shift toward enterprise-level operational efficiency, potentially targeting broader market penetration or the integration of advanced smart-home climate technologies. By prioritizing long-term infrastructure investments, Cool Power aims to sustain its historical growth while adapting to the evolving demands of the regional HVAC landscape, ensuring that its service offerings remain aligned with contemporary energy standards and consumer expectations.

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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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