What is Gropp?
Gropp Heating, Air & Electric, established in 1986, is a provider of comprehensive HVAC and electrical services based in Moscow, ID, and serving Latah County. The company's service portfolio includes air conditioning, duct cleaning, gas furnaces, and electrical work, supporting both new construction projects and ongoing maintenance needs. Gropp emphasizes quality workmanship and fostering enduring client relationships, underscored by its reputation for prompt, professional service and 24/7 emergency assistance.
How much funding has Gropp raised?
Gropp has raised a total of $743K across 2 funding rounds:
Debt
$350K
Debt
$393K
Debt (2020): $350K with participation from PPP
Debt (2021): $393K led by PPP
Key Investors in Gropp
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Gropp?
The recent major strategic investment positions Gropp for accelerated development and market penetration. This capital infusion is expected to fuel enhancements in service delivery, potentially expanding its operational footprint and technological capabilities. The company's focus on building long-term partnerships suggests a strategy geared towards sustainable growth and solidifying its market leadership in the region.
See full Gropp company page
