How Much Did Degree Heating & Cooling Raise?
Funding & Key Investors

Degree Heating & Cooling has secured a total funding of $150K, with its most recent capital infusion amounting to $150K. This latest financing round, described as a major strategic investment, follows a significant debt financing of $150M on April 12, 2020, from PPP. The company's financial trajectory indicates a substantial growth phase, aligning with its large-scale late-stage funding context.

What is Degree Heating & Cooling?

Degree Heating & Cooling
ConstructionConstruction ManagementConsumer Services

Degree Heating & Cooling is a well-established HVAC service provider with over three decades of operation in Western and Central Connecticut. The company offers comprehensive solutions encompassing heating, air conditioning, plumbing, and electrical services for both residential and commercial clients. Known for its commitment to quality and energy efficiency, Degree Heating & Cooling is a Carrier Factory Authorized Dealer, emphasizing customer satisfaction through tailored, non-pressured sales approaches and providing 24/7 emergency support.

How much funding has Degree Heating & Cooling raised?

Degree Heating & Cooling has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Degree Heating & Cooling?

With the recent influx of capital described as a major strategic investment, Degree Heating & Cooling is poised for significant expansion and service enhancement. The company's late-stage funding suggests a focus on scaling operations, potentially through market penetration, technological upgrades, or expanding its service portfolio. This strategic backing will likely enable Degree Heating & Cooling to further solidify its market position and meet the growing demand for reliable HVAC solutions in its service areas.

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Frequently Asked Questions Regarding Degree Heating & Cooling Financial Insights

What are the most recent funding rounds that Degree Heating & Cooling has completed, and what were the funding rounds?
Degree Heating & Cooling has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Degree Heating & Cooling has raised to date?
Degree Heating & Cooling has raised a total of $150K in funding to date.
How many funding rounds has Degree Heating & Cooling completed?
Degree Heating & Cooling has completed 1 funding rounds.
How much funding did Degree Heating & Cooling raise in its most recent funding round?
Degree Heating & Cooling raised $150K in its most recent funding round.
Who are the lead investors in Degree Heating & Cooling's latest funding round?
The lead investor in Degree Heating & Cooling'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 Degree Heating & Cooling's history?
The largest funding round in Degree Heating & Cooling's history was $150K.
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