How Much Did Correct Temp Raise?
Funding & Key Investors

Correct Temp has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing positions the company for continued expansion in the competitive HVAC service market.

What is Correct Temp?

Correct Temp
ConstructionConstruction ManagementConsumer Services

Correct Temp is a prominent HVAC service provider headquartered in Methuen, MA, dedicated to delivering comprehensive heating and cooling solutions. The company's service portfolio encompasses air conditioning, heating systems, ductless solutions, indoor air quality management, and routine HVAC maintenance, catering to both residential and commercial clientele. Emphasizing customer satisfaction and providing 24/7 emergency services, Correct Temp ensures reliable and professional support for all climate control needs. Their commitment to quality workmanship and promoting healthy indoor environments solidifies their reputation as a trusted provider for maintaining optimal comfort and well-being.

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?

The recent large-scale, late-stage funding indicates a strategic push for Correct Temp, likely aimed at scaling operations, expanding service areas, or enhancing technological capabilities within the HVAC sector. This capital infusion is expected to fuel growth initiatives and potentially lead to market consolidation or the introduction of new service offerings. The company's focus on essential services like heating, cooling, and air quality suggests a resilient business model poised for sustained development.

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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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