How Much Did Paramount Mechanical Raise?
Funding & Key Investors

Paramount Mechanical has secured $2M in total capital, with a recent strategic investment of $2M. This significant enterprise-level funding underscores the company's established presence and growth trajectory in the commercial contracting sector.

What is Paramount Mechanical?

Paramount Mechanical
ConstructionConstruction Management

Paramount Mechanical is a seasoned commercial contractor headquartered in Manassas, Virginia, providing specialized HVAC, plumbing, and mechanical services. With over three decades of operational experience, the company serves clients across Maryland and Virginia, focusing on mission-critical facilities such as data centers and hospitals. Their expertise spans installation, retrofitting, and maintenance, ensuring the efficient operation of essential building systems. Paramount Mechanical is dedicated to fostering robust client relationships and delivering cost-effective solutions, complemented by 24/7 emergency support.

How much funding has Paramount Mechanical raised?

Paramount Mechanical has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Paramount Mechanical?

The recent major strategic investment signals a pivotal moment for Paramount Mechanical, likely enabling expansion of its service offerings, geographic reach, or technological capabilities. This infusion of capital is expected to bolster its capacity to undertake larger-scale commercial projects and further solidify its position as a leading provider of mechanical services in the region. The company's focus on critical infrastructure suggests potential for further growth in sectors demanding high reliability and specialized expertise.

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Frequently Asked Questions Regarding Paramount Mechanical Financial Insights

What are the most recent funding rounds that Paramount Mechanical has completed, and what were the funding rounds?
Paramount Mechanical has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Paramount Mechanical has raised to date?
Paramount Mechanical has raised a total of $2M in funding to date.
How many funding rounds has Paramount Mechanical completed?
Paramount Mechanical has completed 1 funding rounds.
How much funding did Paramount Mechanical raise in its most recent funding round?
Paramount Mechanical raised $2M in its most recent funding round.
Who are the lead investors in Paramount Mechanical's latest funding round?
The lead investor in Paramount Mechanical'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 Paramount Mechanical's history?
The largest funding round in Paramount Mechanical's history was $2M.
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