How Much Did Parham Heating Raise?
Funding & Key Investors

Parham Heating, a family-owned business specializing in HVAC, plumbing, and electrical services, has secured $418K in total funding, with its most recent capital infusion of $268K marking a significant strategic investment. This latest round of financing underscores the company's established presence and its trajectory within the competitive home services market.

What is Parham Heating?

Parham Heating
Consumer ServicesLandscape ServicesRepair Services

Parham Heating, Cooling, Plumbing & Electric is a comprehensive service provider based in Trenton, TN, catering to homeowners and businesses across Northwest Tennessee. The company offers a full spectrum of services, including the installation and repair of heating and cooling systems, routine plumbing maintenance, and expert electrical troubleshooting. Parham Heating has built a reputation for delivering quality service, transparent pricing, and a commitment to customer satisfaction, further solidified by a 1-year warranty on all completed work. Their focus on community involvement and reliable service positions them as a key player in the regional home services sector.

How much funding has Parham Heating raised?

Parham Heating has raised a total of $418K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$268K

Debt (2020): $150K with participation from PPP

Debt (2021): $268K led by PPP

Key Investors in Parham Heating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

Undisclosed investor participating in the funding round, indicating a strategic partner or financial institution providing capital for growth or operational support.

What's next for Parham Heating?

With a substantial total funding amount of $418K and a recent strategic investment of $268K, Parham Heating is well-positioned for its next phase of growth. This capital infusion, particularly given the large-scale late-stage funding context, likely signals an intent to expand service areas, enhance operational efficiency through technology adoption, or potentially acquire complementary businesses. The company's established track record in HVAC, plumbing, and electrical services provides a strong foundation for leveraging this investment to further solidify its market leadership and explore new avenues for service delivery and customer engagement.

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Frequently Asked Questions Regarding Parham Heating Financial Insights

What are the most recent funding rounds that Parham Heating has completed, and what were the funding rounds?
Parham Heating has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Parham Heating has raised to date?
Parham Heating has raised a total of $418K in funding to date.
How many funding rounds has Parham Heating completed?
Parham Heating has completed 2 funding rounds.
How much funding did Parham Heating raise in its most recent funding round?
Parham Heating raised $268K in its most recent funding round.
Who are the lead investors in Parham Heating's latest funding round?
The lead investor in Parham Heating'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 Parham Heating's history?
The largest funding round in Parham Heating's history was $268K.
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