How Much Did Quality Refrigeration Raise?
Funding & Key Investors

Quality Refrigeration, a long-standing leader in the HVAC and climate control sector, has successfully secured a significant capital injection to bolster its operational capabilities. The firm, which has maintained a consistent growth trajectory since its inception in 1975, recently finalized a major strategic investment totaling $674K. This latest infusion brings the company's cumulative financing to $1M, underscoring its robust position within the competitive industrial services landscape.

What is Quality Refrigeration?

Quality Refrigeration
ConstructionConstruction ManagementConsumer Services

Headquartered in Minneapolis, Minnesota, Quality Refrigeration has established itself as a cornerstone provider of comprehensive refrigeration, heating, air conditioning, and ventilation solutions. By prioritizing technical expertise and long-term maintenance agreements, the company serves a diverse enterprise clientele requiring high-uptime mechanical infrastructure. Their business model centers on a seasoned workforce with over a decade of average tenure, ensuring that complex facility management needs are met with precision and reliability. The firm distinguishes itself through a commitment to client education and transparent billing, which has solidified its reputation as a dependable partner for large-scale commercial and industrial operations.

How much funding has Quality Refrigeration raised?

Quality Refrigeration has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$674K

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

Debt (2021): $674K led by PPP

Key Investors in Quality Refrigeration

PPP

Public-Private Partnership

What's next for Quality Refrigeration?

With this latest round of capital, Quality Refrigeration is positioned to accelerate its strategic expansion and modernize its service delivery framework. The company intends to leverage these funds to enhance its technical service offerings and potentially scale its footprint across the Midwest. By focusing on the integration of advanced diagnostic tools and expanding its maintenance service agreements, the firm aims to capture a larger share of the enterprise-level HVAC market. This strategic pivot toward high-efficiency infrastructure management is expected to drive long-term value, ensuring that the company remains at the forefront of the climate control industry while maintaining the operational excellence that has defined its nearly five-decade history.

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Frequently Asked Questions Regarding Quality Refrigeration Financial Insights

What are the most recent funding rounds that Quality Refrigeration has completed, and what were the funding rounds?
Quality Refrigeration has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Quality Refrigeration has raised to date?
Quality Refrigeration has raised a total of $1M in funding to date.
How many funding rounds has Quality Refrigeration completed?
Quality Refrigeration has completed 2 funding rounds.
How much funding did Quality Refrigeration raise in its most recent funding round?
Quality Refrigeration raised $674K in its most recent funding round.
Who are the lead investors in Quality Refrigeration's latest funding round?
The lead investor in Quality Refrigeration'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 Quality Refrigeration's history?
The largest funding round in Quality Refrigeration's history was $674K.
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