IC Refrigeration Funding: How Much Did They Raise & Key Investors

How Much Did IC Refrigeration Raise?
Funding & Key Investors

IC Refrigeration has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment on May 3, 2020. This significant backing positions the company within the large-scale late-stage funding environment, indicating a mature phase of growth and operational scaling.

What is IC Refrigeration?

IC Refrigeration

Construction

Construction Management

Consumer Services

Founded in 1963 and headquartered in Ceres, CA, I.C. Refrigeration is a well-established entity in the commercial and residential sectors. The company specializes in HVAC and refrigeration services, complemented by custom sheet metal fabrication capabilities. Its longevity in the market suggests a robust operational framework and a strong customer base, underpinning its strategic positioning for continued expansion.

How much funding has IC Refrigeration raised?

IC Refrigeration has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in IC Refrigeration

PPP

Public-Private Partnership

What's next for IC Refrigeration?

The substantial late-stage investment signifies IC Refrigeration's readiness for significant operational advancements or market penetration strategies. This capital infusion is likely earmarked for enhancing service delivery, expanding geographic reach, or investing in new technologies within the HVAC and refrigeration domains. The company's focus on custom fabrication also presents opportunities for diversification and value-added services, potentially driving future revenue streams and solidifying its market leadership.

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