Custom Refrigeration Funding: How Much Did They Raise & Key Investors

How Much Did Custom Refrigeration Raise?
Funding & Key Investors

Custom Refrigeration, a long-standing leader in the specialized cooling infrastructure sector, has successfully secured a significant capital injection to bolster its operational capabilities. This major strategic investment, totaling $350K, marks a pivotal moment in the company's growth trajectory. With a cumulative financial backing of $350K, the firm is well-positioned to expand its footprint across the Minneapolis-St. Paul metropolitan area and beyond. This infusion of capital underscores investor confidence in the company's established service model and its technical proficiency in complex refrigeration system design and installation.

The recent financing round reflects the company's transition into a more mature phase of its lifecycle, where scaling service capacity and enhancing technical infrastructure become paramount. By leveraging this latest round of investment, Custom Refrigeration aims to solidify its market dominance, ensuring that its specialized maintenance and installation services remain at the forefront of the industry.

What is Custom Refrigeration?

Custom Refrigeration

Construction

Construction Management

Consumer Services

Founded in 1989 and headquartered in Golden Valley, Minnesota, Custom Refrigeration has cultivated a reputation for excellence in the design, installation, and maintenance of industrial and commercial refrigeration systems. The company distinguishes itself through a rigorous training program for its field technicians, ensuring high-level expertise across a vast array of industry-standard equipment, including Scotsman, Manitowoc, and Hoshizaki systems. By maintaining a customer-centric approach, the firm has successfully navigated the competitive landscape of the Upper Midwest, providing essential cooling solutions to a diverse client base. Their operational model emphasizes reliability, technical integrity, and a commitment to hassle-free service, which has allowed them to scale effectively from a local service provider to a regional powerhouse in the refrigeration sector.

How much funding has Custom Refrigeration raised?

Custom Refrigeration has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Custom Refrigeration

PPP

Public-Private Partnership

What's next for Custom Refrigeration?

With the recent influx of capital, Custom Refrigeration is poised to accelerate its strategic initiatives, focusing on the modernization of its service fleet and the expansion of its technical training facilities. The company is expected to leverage this financial backing to deepen its penetration into the regional cold chain logistics market, where demand for high-efficiency, reliable refrigeration infrastructure continues to rise. Furthermore, the firm will likely explore advanced diagnostic technologies to enhance its maintenance offerings, thereby increasing recurring revenue streams. As the company moves forward, the focus will remain on maintaining its high standards of service while scaling its operations to meet the evolving needs of its commercial and industrial clientele, ensuring long-term sustainability and market leadership in the refrigeration services domain.

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Frequently Asked Questions Regarding Custom Refrigeration Financial Insights

What are the most recent funding rounds that Custom Refrigeration has completed, and what were the funding rounds?

Custom Refrigeration has recently completed 1 funding rounds: Debt on May 3, 2020.

What is the total amount of funding Custom Refrigeration has raised to date?

Custom Refrigeration has raised a total of $350K in funding to date.

How many funding rounds has Custom Refrigeration completed?

Custom Refrigeration has completed 1 funding rounds.

How much funding did Custom Refrigeration raise in its most recent funding round?

Custom Refrigeration raised $350K in its most recent funding round.

Who are the lead investors in Custom Refrigeration's latest funding round?

The lead investor in Custom Refrigeration'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 Custom Refrigeration's history?

The largest funding round in Custom Refrigeration's history was $350K.

See more information about Custom Refrigeration