How Much Did FAFCO Raise?
Funding & Key Investors

FAFCO has secured $790K in total capital, with its most recent financing round bringing in $440K. This major strategic investment underscores the company's significant position in its market. The company's funding history, including two recent debt financings totaling $790,000, indicates a focus on operational capital. The latest debt round occurred on January 26, 2021, following an earlier debt round on April 9, 2020.

What is FAFCO?

FAFCO
ManufacturingIndustrial Machinery & EquipmentRetail

FAFCO Surplus specializes in providing surplus parts and panels for FAFCO Solar Pool Heating Systems. Their comprehensive product catalog includes various models of solar pool heating panels, essential parts kits, and repair kits, all guaranteed to be factory genuine. The company serves clients requiring authentic replacement components for their FAFCO systems, ensuring system longevity and performance. FAFCO Surplus operates an online storefront, facilitating convenient access for customers to procure necessary items for their solar pool heating solutions.

How much funding has FAFCO raised?

FAFCO has raised a total of $790K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$440K

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

Debt (2021): $440K led by PPP

Key Investors in FAFCO

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in a recent funding round, contributing to FAFCO's capital structure. The nature of their strategic interest remains private.

What's next for FAFCO?

The recent major strategic investment suggests FAFCO is poised for expansion or further development within the solar pool heating components sector. Given the enterprise-level funding context, the company is likely in a growth phase, potentially looking to scale operations, enhance its product line, or expand its market reach. The consistent debt financing in its recent history points to a strategy focused on leveraging financial instruments for operational stability and growth. Future initiatives may involve optimizing supply chains for surplus parts or developing new service offerings related to solar pool heating system maintenance and repair.

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Frequently Asked Questions Regarding FAFCO Financial Insights

What are the most recent funding rounds that FAFCO has completed, and what were the funding rounds?
FAFCO has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 9, 2020.
What is the total amount of funding FAFCO has raised to date?
FAFCO has raised a total of $790K in funding to date.
How many funding rounds has FAFCO completed?
FAFCO has completed 2 funding rounds.
How much funding did FAFCO raise in its most recent funding round?
FAFCO raised $440K in its most recent funding round.
Who are the lead investors in FAFCO's latest funding round?
The lead investor in FAFCO'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 FAFCO's history?
The largest funding round in FAFCO's history was $440K.
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