What is DF Richard?
DF Richard specializes in delivering heating and cooling solutions, encompassing propane gas, Bioheat oil, and kerosene. The company also offers installation and service for HVAC systems, catering to both residential and commercial clients across the New Hampshire and Maine Seacoast regions. Their service portfolio includes automatic delivery, annual tune-ups, and emergency support, backed by over 80 years of operational experience. DF Richard has been recognized for its commitment to service excellence, aiming to meet diverse energy needs with a focus on safety and efficiency.
How much funding has DF Richard raised?
DF Richard has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in DF Richard
PPP
Public-Private Partnership
What's next for DF Richard?
The recent strategic investment in DF Richard signals a phase of potential expansion or technological enhancement, leveraging enterprise-level capital. This infusion of financing is likely to bolster the company's capacity to serve its established markets in New Hampshire and Maine, potentially through service area expansion, fleet modernization, or the adoption of new energy technologies. The company's long history and focus on customer satisfaction provide a solid foundation for future growth and market penetration.
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