How Much Did Patterson Heating & Air Conditioning Raise?
Funding & Key Investors

Patterson Heating & Air Conditioning has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position and future growth potential in the HVAC sector.

What is Patterson Heating & Air Conditioning?

Patterson Heating & Air Conditioning
RetailHome Improvement & Hardware RetailConsumer Services

Patterson Heating & Air Conditioning is a long-standing HVAC contractor based in Charlotte, North Carolina, with a history dating back to 1946. The company specializes in providing comprehensive heating and air conditioning services, encompassing installation, repair, and maintenance for both residential and commercial clients. Their commitment to customer satisfaction is highlighted by a service guarantee and the availability of flexible maintenance plans designed to ensure consistent comfort throughout the year. A core focus on energy efficiency and cost savings guides their approach to keeping homes and businesses comfortable and economical.

How much funding has Patterson Heating & Air Conditioning raised?

Patterson Heating & Air Conditioning has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Patterson Heating & Air Conditioning

PPP

Public-Private Partnership

What's next for Patterson Heating & Air Conditioning?

The recent major strategic investment signals a new phase of development for Patterson Heating & Air Conditioning. Given the company's extensive operational history and established market presence, this capital infusion is likely to fuel strategic expansion initiatives. These could include enhancing service offerings, expanding geographic reach within the Charlotte metropolitan area, or investing in advanced technologies to further improve energy efficiency and customer service. The substantial total funding indicates a robust financial strategy aimed at solidifying its leadership in the competitive HVAC market.

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Frequently Asked Questions Regarding Patterson Heating & Air Conditioning Financial Insights

What are the most recent funding rounds that Patterson Heating & Air Conditioning has completed, and what were the funding rounds?
Patterson Heating & Air Conditioning has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Patterson Heating & Air Conditioning has raised to date?
Patterson Heating & Air Conditioning has raised a total of $350K in funding to date.
How many funding rounds has Patterson Heating & Air Conditioning completed?
Patterson Heating & Air Conditioning has completed 1 funding rounds.
How much funding did Patterson Heating & Air Conditioning raise in its most recent funding round?
Patterson Heating & Air Conditioning raised $350K in its most recent funding round.
Who are the lead investors in Patterson Heating & Air Conditioning's latest funding round?
The lead investor in Patterson Heating & Air Conditioning'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 Patterson Heating & Air Conditioning's history?
The largest funding round in Patterson Heating & Air Conditioning's history was $350K.
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