How Much Did Performance Mechanical Raise?
Funding & Key Investors

Performance Mechanical has secured $756K in total capital, with its most recent financing round bringing in $406K. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion in the HVACR service sector.

What is Performance Mechanical?

Performance Mechanical
ConstructionConstruction ManagementArchitecture, Engineering & Design

Performance Mechanical Corp. is a New York City-based provider of heating, ventilation, air conditioning, and refrigeration (HVACR) services. With over 25 years of operational experience, the company specializes in the installation, maintenance, and energy management of commercial systems. They manage comprehensive projects and are recognized for their exceptional energy management solutions, serving numerous businesses across the Tri-state area. Their commitment to customer satisfaction and deep industry expertise has solidified their reputation, complemented by a 24-hour emergency service offering to address urgent client needs.

How much funding has Performance Mechanical raised?

Performance Mechanical has raised a total of $756K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$406K

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

Debt (2021): $406K led by PPP

Key Investors in Performance Mechanical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Performance Mechanical?

The recent major strategic investment indicates that Performance Mechanical is likely in a scaling phase, leveraging this capital infusion to enhance its service offerings, expand its operational footprint, and potentially invest in new technologies for energy management. This enterprise-level backing suggests a strategic focus on solidifying its market position and pursuing growth opportunities within the competitive HVACR industry.

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Frequently Asked Questions Regarding Performance Mechanical Financial Insights

What are the most recent funding rounds that Performance Mechanical has completed, and what were the funding rounds?
Performance Mechanical has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Performance Mechanical has raised to date?
Performance Mechanical has raised a total of $756K in funding to date.
How many funding rounds has Performance Mechanical completed?
Performance Mechanical has completed 2 funding rounds.
How much funding did Performance Mechanical raise in its most recent funding round?
Performance Mechanical raised $406K in its most recent funding round.
Who are the lead investors in Performance Mechanical's latest funding round?
The lead investor in Performance 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 Performance Mechanical's history?
The largest funding round in Performance Mechanical's history was $406K.
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