How Much Did Simco Refrigeration Raise?
Funding & Key Investors

Simco Refrigeration has successfully secured a major strategic investment, bringing its total capital accumulation to $164K. This latest infusion of $164K underscores the firm's robust market position within the commercial mechanical services sector. By leveraging this financing, the Dayton-based provider aims to solidify its operational footprint and enhance its service delivery capabilities across the industrial and institutional landscape.

What is Simco Refrigeration?

Simco Refrigeration
ConstructionConstruction ManagementConsumer Services

Simco Refrigeration, Inc. operates as a comprehensive service provider specializing in the lifecycle management of commercial refrigeration and HVAC systems. With a legacy spanning over 28 years, the company has established itself as a critical partner for supermarkets, restaurants, and large-scale industrial facilities. Their core value proposition centers on 24/7 emergency response and rigorous preventative maintenance, ensuring the operational integrity of essential cooling and food service equipment. By maintaining a focus on asset longevity and mechanical reliability, Simco has carved out a significant niche in the competitive facility management market, providing essential infrastructure support that minimizes downtime for high-stakes commercial environments.

How much funding has Simco Refrigeration raised?

Simco Refrigeration has raised a total of $164K across 1 funding round:

2021

Debt

$164K

Debt (2021): $164K with participation from PPP

Key Investors in Simco Refrigeration

PPP

Public-Private Partnership

What's next for Simco Refrigeration?

With the recent injection of capital, Simco Refrigeration is positioned to scale its service infrastructure and potentially expand its geographic reach. The late-stage nature of this funding suggests a strategic pivot toward optimizing operational efficiencies and potentially integrating advanced diagnostic technologies into their maintenance protocols. As the company continues to navigate the complexities of industrial HVAC requirements, this financial backing provides the necessary runway to invest in workforce development and fleet modernization, ensuring they remain the preferred vendor for institutional clients requiring high-availability mechanical solutions.

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Frequently Asked Questions Regarding Simco Refrigeration Financial Insights

What are the most recent funding rounds that Simco Refrigeration has completed, and what were the funding rounds?
Simco Refrigeration has recently completed 1 funding rounds: Debt on Jan 16, 2021.
What is the total amount of funding Simco Refrigeration has raised to date?
Simco Refrigeration has raised a total of $164K in funding to date.
How many funding rounds has Simco Refrigeration completed?
Simco Refrigeration has completed 1 funding rounds.
How much funding did Simco Refrigeration raise in its most recent funding round?
Simco Refrigeration raised $164K in its most recent funding round.
Who are the lead investors in Simco Refrigeration's latest funding round?
The lead investor in Simco 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 Simco Refrigeration's history?
The largest funding round in Simco Refrigeration's history was $164K.
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