What is Melton?
Melton's Air Conditioning & Appliance Service is a family-owned enterprise with over 70 years of operational history, headquartered in Pryor, Oklahoma. The company specializes in comprehensive repair, installation, and parts provision for HVAC systems, refrigeration units, and a wide array of appliances. Serving both commercial and residential clientele, Melton has built a reputation for reliability and customer satisfaction, backed by its licensed, bonded, and insured status. Their service portfolio also extends to central vacuum systems and commercial kitchen equipment, demonstrating a broad capacity to meet diverse market demands.
How much funding has Melton raised?
Melton has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Melton?
The substantial capital infusion, contextualized by a large-scale late-stage funding environment and a recent major strategic investment, suggests Melton is poised for significant expansion or operational enhancement. This backing will likely fuel initiatives aimed at scaling its service infrastructure, potentially expanding its geographic reach, or investing in new technologies to maintain its competitive edge in the HVAC and appliance service industry. The company's long-standing presence and commitment to quality service provide a solid foundation for leveraging this new financing to achieve its next phase of growth.
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