How Much Did Kings Heating Raise?
Funding & Key Investors

Kings Heating, a prominent HVAC service provider based in Lynnwood, Washington, has secured significant capital, with its total funding reaching $423K. The company recently announced a major strategic investment of $273K, underscoring its robust growth trajectory and market position. This latest financing round signifies a critical juncture for Kings Heating as it aims to further solidify its presence and expand its service offerings in the competitive HVAC sector.

What is Kings Heating?

Kings Heating
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Kings Heating, Air & Electric is recognized as a top-rated HVAC company operating out of Lynnwood, Washington. The firm specializes in a comprehensive suite of HVAC services, encompassing installation, repair, and maintenance. Offering round-the-clock emergency services and a strong customer satisfaction guarantee, Kings Heating ensures dependable solutions for both air conditioning and heating requirements. Their primary clientele consists of homeowners within Lynnwood and its surrounding vicinities who are in pursuit of efficient and effective climate control systems. The company has cultivated a reputation for its clear pricing structures, deep-rooted local expertise, and unwavering dedication to customer welfare.

How much funding has Kings Heating raised?

Kings Heating has raised a total of $423K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$273K

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

Debt (2021): $273K led by PPP

What's next for Kings Heating?

The substantial backing, particularly the recent strategic investment, positions Kings Heating for accelerated expansion and operational enhancement. Given the company's focus on comprehensive HVAC services and its commitment to customer satisfaction, this capital infusion is likely to be directed towards scaling operations, enhancing service delivery capabilities, and potentially broadening its geographical reach. The company's late-stage funding context suggests a strategic push towards market leadership, possibly involving technological upgrades, fleet expansion, or increased marketing efforts to capture a larger share of the regional HVAC market.

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Frequently Asked Questions Regarding Kings Heating Financial Insights

What are the most recent funding rounds that Kings Heating has completed, and what were the funding rounds?
Kings Heating has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Kings Heating has raised to date?
Kings Heating has raised a total of $423K in funding to date.
How many funding rounds has Kings Heating completed?
Kings Heating has completed 2 funding rounds.
How much funding did Kings Heating raise in its most recent funding round?
Kings Heating raised $273K in its most recent funding round.
Who are the lead investors in Kings Heating's latest funding round?
The lead investor in Kings Heating'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 Kings Heating's history?
The largest funding round in Kings Heating's history was $273K.
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