How Much Did Mastercool Raise?
Funding & Key Investors

Mastercool, a prominent supplier of professional air conditioning tools and equipment, has secured $2.1M in enterprise-level capital. The company recently announced a major strategic investment of $1.1M, underscoring its significant growth trajectory and market position. This latest financing round, dated February 17, 2021, follows a previous debt financing of $1 billion on May 3, 2020, indicating a sustained period of financial backing for the company's expansion initiatives.

What is Mastercool?

Mastercool
ManufacturingIndustrial Machinery & Equipment

Mastercool is a family-owned business with over 25 years of experience in supplying professional air conditioning service tools and equipment. Recognized as one of the fastest-growing companies in its sector, Mastercool is synonymous with "World Class Quality" and innovative product design, holding numerous patents worldwide. With headquarters in the United States and a distribution hub in Belgium, the company serves over 60 countries, establishing itself as a truly multinational enterprise.

How much funding has Mastercool raised?

Mastercool has raised a total of $2.1M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.1M

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

Debt (2021): $1.1M led by PPP

Key Investors in Mastercool

PPP

Public-Private Partnership

What's next for Mastercool?

The substantial enterprise-level funding and recent strategic investment position Mastercool for accelerated growth and further innovation in the HVAC tools and equipment market. This capital infusion is expected to bolster its global distribution network, enhance research and development efforts for new patented technologies, and solidify its competitive advantage. The company's focus on quality and innovation, combined with its multinational reach, suggests a strategic push towards market leadership and expanded product offerings.

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Frequently Asked Questions Regarding Mastercool Financial Insights

What are the most recent funding rounds that Mastercool has completed, and what were the funding rounds?
Mastercool has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on May 3, 2020.
What is the total amount of funding Mastercool has raised to date?
Mastercool has raised a total of $2.1M in funding to date.
How many funding rounds has Mastercool completed?
Mastercool has completed 2 funding rounds.
How much funding did Mastercool raise in its most recent funding round?
Mastercool raised $1.1M in its most recent funding round.
Who are the lead investors in Mastercool's latest funding round?
The lead investor in Mastercool'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 Mastercool's history?
The largest funding round in Mastercool's history was $1.1M.
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