How Much Did Rhymes Heating & Cooling Raise?
Funding & Key Investors

Rhymes Heating & Cooling has secured $734K in total capital, with its most recent financing round bringing in $384K in major strategic investment. This enterprise-level funding underscores the company's established presence and its ongoing strategic growth initiatives within the HVAC sector.

What is Rhymes Heating & Cooling?

Rhymes Heating & Cooling
ConstructionConstruction ManagementConsumer Services

Rhymes Heating & Cooling is a long-standing HVAC contractor based in St. Louis, MO, with a history dating back to 1926. The company specializes in comprehensive residential heating and air conditioning services, offering installation, repair, and maintenance for systems including air conditioners, furnaces, and water heaters. They are committed to delivering customized solutions for both residential and commercial clients, prioritizing comfort and operational efficiency through expert service and maintenance agreements. Rhymes Heating & Cooling has cultivated a strong community reputation built on customer satisfaction and transparent pricing.

How much funding has Rhymes Heating & Cooling raised?

Rhymes Heating & Cooling has raised a total of $734K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$384K

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

Debt (2021): $384K led by PPP

Key Investors in Rhymes Heating & Cooling

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Rhymes Heating & Cooling?

The recent major strategic investment signals a pivotal phase for Rhymes Heating & Cooling, likely aimed at expanding service offerings, enhancing operational capabilities, or entering new market segments. This infusion of capital, following previous debt financing rounds, suggests a strategic shift towards growth and market consolidation. The company is well-positioned to leverage this backing to further solidify its market leadership and continue its legacy of providing essential home comfort services.

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Frequently Asked Questions Regarding Rhymes Heating & Cooling Financial Insights

What are the most recent funding rounds that Rhymes Heating & Cooling has completed, and what were the funding rounds?
Rhymes Heating & Cooling has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Rhymes Heating & Cooling has raised to date?
Rhymes Heating & Cooling has raised a total of $734K in funding to date.
How many funding rounds has Rhymes Heating & Cooling completed?
Rhymes Heating & Cooling has completed 2 funding rounds.
How much funding did Rhymes Heating & Cooling raise in its most recent funding round?
Rhymes Heating & Cooling raised $384K in its most recent funding round.
Who are the lead investors in Rhymes Heating & Cooling's latest funding round?
The lead investor in Rhymes Heating & Cooling'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 Rhymes Heating & Cooling's history?
The largest funding round in Rhymes Heating & Cooling's history was $384K.
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