What is Moody Heating?
Moody Heating Air Conditioning is a seasoned HVAC service provider with over 35 years of experience serving residential and commercial clients in Northwest Georgia, particularly in Rome and its surrounding areas. The company offers a comprehensive suite of services, including the installation, repair, and maintenance of heating and cooling systems, as well as indoor air quality solutions and ductless systems. As a family-owned business, Moody Heating emphasizes customer-centric service and competitive pricing, solidifying its reputation as a trusted local HVAC expert committed to ensuring comfortable environments for its community.
How much funding has Moody Heating raised?
Moody Heating has raised a total of $1.8M across 3 funding rounds:
Debt
$128K
Debt
$150K
Debt
$1.5M
Debt (2021): $128K with participation from PPP
Debt (2024): $150K led by Live Oak Bank
Debt (2024): $1.5M supported by Live Oak Bank
Key Investors in Moody Heating
Live Oak Bank
Live Oak Bank is a prominent financial institution specializing in providing debt financing solutions, particularly for businesses in established industries. Their involvement suggests a focus on supporting operational growth and infrastructure development for companies like Moody Heating.
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor participated in the funding round, contributing to the overall capital secured by Moody Heating.
What's next for Moody Heating?
The recent major strategic investment, primarily in the form of debt financing, suggests Moody Heating is focused on strengthening its operational capacity and potentially expanding its service offerings or geographic reach. This type of capital infusion is typical for established service businesses looking to maintain or enhance their infrastructure and fleet, ensuring they can continue to meet demand and uphold their commitment to quality workmanship and customer satisfaction. The company's trajectory indicates a focus on sustainable growth and continued service excellence in the competitive HVAC market.
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