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

Precision Air Conditioning & Heating has secured $338K in total capital, with a recent strategic investment of $188K announced on March 15, 2021. This significant financing round underscores the company's established presence and ongoing growth trajectory within the HVAC services sector, positioning it for continued expansion and operational enhancement.

What is Precision Air Conditioning & Heating?

Precision Air Conditioning & Heating
ConstructionConstruction ManagementConsumer Services

Precision Air Conditioning & Heating is a family-owned HVAC contractor established in 1973 and based in Memphis, Tennessee. The company specializes in comprehensive air conditioning and heating services for residential clients, offering repairs, installations, indoor air quality solutions, and energy assessments. With a commitment to customer comfort and safety, Precision employs trained and vetted professionals dedicated to creating optimal indoor environments.

How much funding has Precision Air Conditioning & Heating raised?

Precision Air Conditioning & Heating has raised a total of $338K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$188K

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

Debt (2021): $188K led by PPP

What's next for Precision Air Conditioning & Heating?

The substantial capital infusion, particularly the recent strategic investment, indicates a phase of significant scaling and potential market consolidation for Precision Air Conditioning & Heating. This backing will likely fuel advancements in service delivery, technology adoption for enhanced efficiency, and potentially geographic expansion. The company is poised to leverage this financing to solidify its market leadership and further enhance its customer service offerings, ensuring sustained growth and operational excellence in the competitive HVAC industry.

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Frequently Asked Questions Regarding Precision Air Conditioning & Heating Financial Insights

What are the most recent funding rounds that Precision Air Conditioning & Heating has completed, and what were the funding rounds?
Precision Air Conditioning & Heating has recently completed 2 funding rounds: Debt on Mar 15, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Precision Air Conditioning & Heating has raised to date?
Precision Air Conditioning & Heating has raised a total of $338K in funding to date.
How many funding rounds has Precision Air Conditioning & Heating completed?
Precision Air Conditioning & Heating has completed 2 funding rounds.
How much funding did Precision Air Conditioning & Heating raise in its most recent funding round?
Precision Air Conditioning & Heating raised $188K in its most recent funding round.
Who are the lead investors in Precision Air Conditioning & Heating's latest funding round?
The lead investor in Precision Air Conditioning & 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 Precision Air Conditioning & Heating's history?
The largest funding round in Precision Air Conditioning & Heating's history was $188K.
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