How Much Did McDaniel Metals Raise?
Funding & Key Investors

McDaniel Metals, a manufacturer of HVAC accessories, has secured significant enterprise-level funding, with the total capital raised reaching $1M. The company recently obtained an undisclosed amount of financing on July 21, 2021, adding to its overall financial backing.

What is McDaniel Metals?

McDaniel Metals
ManufacturingIndustrial Machinery & Equipment

McDaniel Metals specializes in the manufacturing of HVAC accessories, focusing on enhancing occupant comfort and delivering economical solutions for both commercial and residential sectors. Their product portfolio includes essential items such as drain pans and economizers, designed for compatibility with leading HVAC brands. The company leverages its proprietary PDQuote software to provide clients with expert support and instant pricing, aiming to streamline the procurement process for HVAC accessories. McDaniel Metals positions itself as a key player in solving critical HVAC challenges through efficient and reliable product offerings.

How much funding has McDaniel Metals raised?

McDaniel Metals has raised a total of $1M across 1 funding round:

2020

Debt

$1M

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

What's next for McDaniel Metals?

The recent enterprise-level funding indicates a strategic move by McDaniel Metals to scale its operations and potentially expand its market reach. This capital infusion is likely to support advancements in product development, enhance manufacturing capabilities, and bolster its sales and distribution networks. The company's focus on providing economical solutions and expert support through its PDQuote software suggests a commitment to innovation and customer satisfaction, positioning it for sustained growth in the competitive HVAC accessories market.

See full McDaniel Metals company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingIndustrial Machinery & Equipment
Industrial Machinery & EquipmentManufacturingOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)RetailAutomobile Dealers
Building MaterialsManufacturing
ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment

Frequently Asked Questions Regarding McDaniel Metals Financial Insights

What are the most recent funding rounds that McDaniel Metals has completed, and what were the funding rounds?
McDaniel Metals has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding McDaniel Metals has raised to date?
McDaniel Metals has raised a total of $1M in funding to date.
How many funding rounds has McDaniel Metals completed?
McDaniel Metals has completed 1 funding rounds.
How much funding did McDaniel Metals raise in its most recent funding round?
McDaniel Metals raised $1M in its most recent funding round.
Who are the lead investors in McDaniel Metals's latest funding round?
The lead investor in McDaniel Metals'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 McDaniel Metals's history?
The largest funding round in McDaniel Metals's history was $1M.
See more information about McDaniel Metals