How Much Did Magic Aire Raise?
Funding & Key Investors

Magic Aire has solidified its market position through a significant capital infusion, reaching a cumulative total of $1M. This latest financial milestone, characterized by a $1M strategic investment, underscores the company's robust trajectory within the climate control sector. By securing this backing, Magic Aire is well-positioned to accelerate its operational capabilities and expand its footprint in the competitive HVAC manufacturing landscape.

What is Magic Aire?

Magic Aire
ManufacturingIndustrial Machinery & Equipment

Magic Aire operates as a specialized manufacturer of hydronic and DX air supply products, delivering high-performance air handling units designed for diverse environments ranging from educational facilities to assisted living complexes. The company distinguishes itself through a commitment to energy efficiency and acoustic performance, offering direct drive models that meet the rigorous demands of modern commercial and unitary clients. Their business model is further bolstered by agile supply chain solutions, including quick ship programs and readily available stock coil products, which ensure that project timelines are met with precision and reliability. By focusing on comfort conditioning and indoor air quality, Magic Aire has established itself as a critical infrastructure partner for developers and facility managers seeking sustainable, high-efficiency climate solutions.

How much funding has Magic Aire raised?

Magic Aire has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Magic Aire

PPP

Public-Private Partnership

What's next for Magic Aire?

With the recent injection of capital, Magic Aire is poised to scale its manufacturing capacity and refine its product development pipeline. The strategic focus will likely shift toward integrating advanced smart-building technologies into their existing hydronic product lines, further enhancing their value proposition in the enterprise sector. As the company navigates this growth phase, the emphasis will remain on maintaining the high-performance standards that have defined their market presence while exploring new opportunities for geographic expansion and technological innovation in the HVAC space.

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Frequently Asked Questions Regarding Magic Aire Financial Insights

What are the most recent funding rounds that Magic Aire has completed, and what were the funding rounds?
Magic Aire has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Magic Aire has raised to date?
Magic Aire has raised a total of $1M in funding to date.
How many funding rounds has Magic Aire completed?
Magic Aire has completed 1 funding rounds.
How much funding did Magic Aire raise in its most recent funding round?
Magic Aire raised $1M in its most recent funding round.
Who are the lead investors in Magic Aire's latest funding round?
The lead investor in Magic Aire'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 Magic Aire's history?
The largest funding round in Magic Aire's history was $1M.
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