How Much Did Jack Kite Raise?
Funding & Key Investors

Jack Kite, a commercial HVAC and air conditioning contractor serving the Bristol, Kingsport, and Johnson City, TN region, has secured $150K in total capital. The company recently received a significant strategic investment of $150K on April 14, 2020, marking a key moment in its large-scale late-stage funding trajectory. This financing is expected to bolster its operational capacity and market reach within the competitive HVAC services sector.

What is Jack Kite?

Jack Kite
ConstructionConstruction ManagementConsumer Services

Jack M. Kite Co. Inc. is a seasoned provider of commercial HVAC and air conditioning repair and installation services. With an operational history spanning over 42 years, the company has established a strong reputation for delivering expert heating, cooling, and ventilation solutions to both residential and commercial clientele. Their commitment to client satisfaction is underscored by 24/7 emergency service availability and their status as an authorized Carrier dealer, ensuring access to reliable indoor comfort equipment. The company's team comprises trained technicians and licensed contractors dedicated to high-quality service and offering extended warranties on new installations, positioning them as a trusted partner for maintaining optimal indoor environments.

How much funding has Jack Kite raised?

Jack Kite has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Jack Kite?

The recent strategic investment of $150K positions Jack Kite for significant expansion and service enhancement, aligning with its large-scale late-stage funding context. This capital infusion is anticipated to fuel advancements in service delivery, potentially including the adoption of new technologies, expansion of technician teams, and broader geographic coverage within its service areas. As an established player with decades of experience, this backing will likely enable the company to solidify its market leadership and pursue new growth opportunities in the essential HVAC services industry, ensuring continued reliable comfort solutions for its customer base.

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Frequently Asked Questions Regarding Jack Kite Financial Insights

What are the most recent funding rounds that Jack Kite has completed, and what were the funding rounds?
Jack Kite has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Jack Kite has raised to date?
Jack Kite has raised a total of $150K in funding to date.
How many funding rounds has Jack Kite completed?
Jack Kite has completed 1 funding rounds.
How much funding did Jack Kite raise in its most recent funding round?
Jack Kite raised $150K in its most recent funding round.
Who are the lead investors in Jack Kite's latest funding round?
The lead investor in Jack Kite'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 Jack Kite's history?
The largest funding round in Jack Kite's history was $150K.
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