How Much Did DB Johnsen Raise?
Funding & Key Investors

DB Johnsen has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding accumulation of $150K, the firm continues to solidify its footprint in the industrial heating sector. This recent funding amount of $150K serves as a major strategic investment, enabling the company to bolster its service capabilities and expand its reach across the Northeast Ohio market.

What is DB Johnsen?

DB Johnsen
ConstructionConstruction ManagementConsumer Services

D.B. Johnsen Co. operates as a premier provider of boiler sales and comprehensive maintenance services, catering to a diverse portfolio of commercial, industrial, institutional, and municipal clients. By specializing in steam and hot water boiler systems, the company has established itself as a critical infrastructure partner. Their service model integrates high-quality equipment procurement with expert technical support, utilizing factory-trained technicians to maintain complex boiler room environments. This operational excellence ensures that clients receive reliable, tailored heating solutions that meet stringent safety and efficiency standards.

How much funding has DB Johnsen raised?

DB Johnsen has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in DB Johnsen

PPP

Public-Private Partnership

What's next for DB Johnsen?

With this late-stage financing, DB Johnsen is positioned to scale its service infrastructure and potentially broaden its rental and pre-owned equipment offerings. The strategic allocation of this capital will likely focus on enhancing technical training programs and optimizing supply chain logistics for boiler parts. As the company navigates the complexities of industrial heating requirements, this investment provides the necessary liquidity to maintain its competitive edge in the regional market, ensuring long-term stability for its institutional and municipal client base.

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Frequently Asked Questions Regarding DB Johnsen Financial Insights

What are the most recent funding rounds that DB Johnsen has completed, and what were the funding rounds?
DB Johnsen has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding DB Johnsen has raised to date?
DB Johnsen has raised a total of $150K in funding to date.
How many funding rounds has DB Johnsen completed?
DB Johnsen has completed 1 funding rounds.
How much funding did DB Johnsen raise in its most recent funding round?
DB Johnsen raised $150K in its most recent funding round.
Who are the lead investors in DB Johnsen's latest funding round?
The lead investor in DB Johnsen'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 DB Johnsen's history?
The largest funding round in DB Johnsen's history was $150K.
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