How Much Did Correct Temp Raise?
Funding & Key Investors

Correct Temp, a prominent player in the HVAC services sector, has successfully secured a significant capital injection, bringing its total funding to $150K. This latest financial milestone, characterized by a $150K investment, underscores the company's robust operational trajectory and its capacity to attract substantial debt financing to support its expansive service infrastructure in the Massachusetts market.

What is Correct Temp?

Correct Temp
ConstructionConstruction ManagementConsumer Services

Based in Methuen, Massachusetts, Correct Temp operates as a comprehensive provider of heating, ventilation, and air conditioning solutions. The firm distinguishes itself through a dual-focus model that serves both residential and commercial clientele, offering specialized expertise in ductless systems, indoor air quality management, and critical HVAC maintenance. By maintaining a 24/7 emergency response capability, the company has solidified its reputation as a reliable service provider, effectively bridging the gap between technical maintenance and customer-centric climate control solutions. Their market position is defined by a commitment to operational excellence and the delivery of high-performance environmental systems.

How much funding has Correct Temp raised?

Correct Temp has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Correct Temp

PPP

Public-Private Partnership

What's next for Correct Temp?

With this recent infusion of capital, Correct Temp is well-positioned to scale its service delivery capabilities and potentially expand its regional footprint. The strategic allocation of these funds will likely prioritize the enhancement of their technical fleet and the integration of advanced diagnostic tools to maintain their competitive edge in the HVAC industry. As the company transitions through this late-stage growth phase, the focus will remain on optimizing service efficiency and deepening market penetration within the New England region, ensuring that their infrastructure remains resilient against fluctuating seasonal demands and evolving indoor air quality standards.

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Frequently Asked Questions Regarding Correct Temp Financial Insights

What are the most recent funding rounds that Correct Temp has completed, and what were the funding rounds?
Correct Temp has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Correct Temp has raised to date?
Correct Temp has raised a total of $150K in funding to date.
How many funding rounds has Correct Temp completed?
Correct Temp has completed 1 funding rounds.
How much funding did Correct Temp raise in its most recent funding round?
Correct Temp raised $150K in its most recent funding round.
Who are the lead investors in Correct Temp's latest funding round?
The lead investor in Correct Temp'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 Correct Temp's history?
The largest funding round in Correct Temp's history was $150K.
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