How Much Did Otis Refrigeration Raise?
Funding & Key Investors

Otis Refrigeration has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a total funding amount reaching $105K, the firm has solidified its financial foundation through a recent strategic investment of $105K. This influx of capital underscores the company's resilience and its capacity to maintain a dominant position within the competitive HVAC and refrigeration landscape of South West Ohio.

What is Otis Refrigeration?

Otis Refrigeration
ConstructionConstruction ManagementConsumer Services

Established in 1935, Otis Refrigeration has evolved into a premier contractor specializing in complex commercial refrigeration and HVAC systems. The company serves as a critical infrastructure partner for the food service industry, providing essential installation, maintenance, and emergency support services. By catering to a diverse portfolio of high-stakes clients—including hospitals, hotels, government facilities, and national restaurant chains—Otis Refrigeration demonstrates a unique capability to manage large-scale, mission-critical projects. Their longevity in the market is a testament to their technical expertise and commitment to operational reliability in environments where temperature control is non-negotiable.

How much funding has Otis Refrigeration raised?

Otis Refrigeration has raised a total of $105K across 1 funding round:

2021

Debt

$105K

Debt (2021): $105K with participation from PPP

Key Investors in Otis Refrigeration

PPP

Public-Private Partnership

What's next for Otis Refrigeration?

With this late-stage financing, Otis Refrigeration is well-positioned to scale its service capabilities and modernize its technical infrastructure. The strategic allocation of these funds will likely focus on expanding their footprint in the commercial sector and enhancing their emergency response protocols. As the company navigates the complexities of modern facility management, this capital provides the necessary leverage to invest in advanced diagnostic tools and workforce development. By prioritizing efficiency and service excellence, Otis Refrigeration is set to reinforce its status as a cornerstone of the regional industrial services market, ensuring long-term growth and sustained value for its institutional and commercial partners.

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Frequently Asked Questions Regarding Otis Refrigeration Financial Insights

What are the most recent funding rounds that Otis Refrigeration has completed, and what were the funding rounds?
Otis Refrigeration has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Otis Refrigeration has raised to date?
Otis Refrigeration has raised a total of $105K in funding to date.
How many funding rounds has Otis Refrigeration completed?
Otis Refrigeration has completed 1 funding rounds.
How much funding did Otis Refrigeration raise in its most recent funding round?
Otis Refrigeration raised $105K in its most recent funding round.
Who are the lead investors in Otis Refrigeration's latest funding round?
The lead investor in Otis Refrigeration'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 Otis Refrigeration's history?
The largest funding round in Otis Refrigeration's history was $105K.
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