How Much Did Precision Temperature Raise?
Funding & Key Investors

Precision Temperature has secured $671K in total capital, with a recent major strategic investment of $350K announced on July 1, 2024. This significant backing underscores the company's established presence and strategic growth initiatives within the heating and air conditioning services sector.

What is Precision Temperature?

Precision Temperature
ConstructionConstruction ManagementConsumer Services

Precision Temperature is a recognized provider of comprehensive heating and air conditioning services based in San Diego. The company specializes in the installation, repair, and maintenance of a wide array of HVAC systems, including air conditioners, heat pumps, and commercial refrigeration units. Serving both residential and commercial clientele, Precision Temperature offers round-the-clock emergency services and guarantees its workmanship. Their commitment to customer satisfaction is supported by a team of skilled technicians, transparent pricing structures, and prompt service delivery. They recommend leading brands such as Trane for HVAC solutions and True for commercial refrigeration equipment.

How much funding has Precision Temperature raised?

Precision Temperature has raised a total of $671K across 3 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

2024

Debt

$350K

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

Debt (2021): $171K led by PPP

Debt (2024): $350K, investors not publicly disclosed

Key Investors in Precision Temperature

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Precision Temperature?

The recent major strategic investment signals a period of accelerated expansion and operational enhancement for Precision Temperature. This capital infusion is likely to be directed towards scaling service capabilities, expanding market reach within San Diego and potentially surrounding regions, and investing in advanced HVAC technologies. The company's focus on both residential and commercial sectors, coupled with its 24/7 emergency service offering, positions it for sustained growth and market leadership. Future developments may include strategic partnerships, technological upgrades to their service fleet, and enhanced digital customer engagement platforms to solidify their trusted provider status.

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Frequently Asked Questions Regarding Precision Temperature Financial Insights

What are the most recent funding rounds that Precision Temperature has completed, and what were the funding rounds?
Precision Temperature has recently completed 3 funding rounds: Debt on Jul 1, 2024, Debt on Mar 16, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Precision Temperature has raised to date?
Precision Temperature has raised a total of $671K in funding to date.
How many funding rounds has Precision Temperature completed?
Precision Temperature has completed 3 funding rounds.
How much funding did Precision Temperature raise in its most recent funding round?
Precision Temperature raised $350K in its most recent funding round.
Which was the largest funding round in Precision Temperature's history?
The largest funding round in Precision Temperature's history was $350K.
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