How Much Did L & B Universal Raise?
Funding & Key Investors

L & B Universal has secured significant capital, with total funding reaching $425K and a recent strategic investment of $275K. This substantial backing underscores the company's established presence and growth trajectory in the competitive HVAC solutions market.

What is L & B Universal?

L & B Universal
ConstructionConstruction ManagementConsumer Services

L & B Universal, Inc. has been a provider of comprehensive heating and cooling solutions for residential and commercial clients across the Washington DC Metropolitan area since 2006. Their service portfolio encompasses air conditioning, heating, water heaters, ductless HVAC systems, heat pumps, indoor air quality management, and duct cleaning. The company emphasizes its commitment to fostering a secure and hazard-free environment for its clientele, aiming to address a wide spectrum of customer needs through quality service.

How much funding has L & B Universal raised?

L & B Universal has raised a total of $425K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$275K

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

Debt (2021): $275K led by PPP

What's next for L & B Universal?

The recent large-scale, late-stage funding, characterized as a major strategic investment, positions L & B Universal for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service delivery, technology adoption, and market penetration within the HVAC sector. The company's focus on quality and customer safety, combined with this strategic financial backing, suggests a forward-looking approach to solidifying its market leadership and exploring new avenues for growth and innovation in its service offerings.

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Frequently Asked Questions Regarding L & B Universal Financial Insights

What are the most recent funding rounds that L & B Universal has completed, and what were the funding rounds?
L & B Universal has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on May 1, 2020.
What is the total amount of funding L & B Universal has raised to date?
L & B Universal has raised a total of $425K in funding to date.
How many funding rounds has L & B Universal completed?
L & B Universal has completed 2 funding rounds.
How much funding did L & B Universal raise in its most recent funding round?
L & B Universal raised $275K in its most recent funding round.
Who are the lead investors in L & B Universal's latest funding round?
The lead investor in L & B Universal'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 L & B Universal's history?
The largest funding round in L & B Universal's history was $275K.
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