How Much Did Specific Systems Raise?
Funding & Key Investors

Specific Systems has secured $1.9M in total capital, with its most recent financing round bringing in $914K in a major strategic investment. This significant backing underscores the company's established position in the industrial manufacturing sector, particularly in specialized HVAC solutions.

What is Specific Systems?

Specific Systems
ManufacturingIndustrial Machinery & Equipment

Specific Systems is a prominent manufacturer specializing in explosion-proof and severe-duty HVAC systems. The company serves critical industries including petrochemical, cannabis cultivation, and data centers, offering a comprehensive suite of customizable environmental control solutions. Their product line encompasses packaged industrial HVAC units, wall-mounted systems, and highly specialized equipment engineered for hazardous locations, such as oil and gas facilities and water treatment plants. Known for engineering excellence and reliability, Specific Systems delivers tailored solutions to meet the stringent demands of its diverse clientele.

How much funding has Specific Systems raised?

Specific Systems has raised a total of $1.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$914K

Debt (2020): $1M with participation from PPP

Debt (2021): $914K led by PPP

What's next for Specific Systems?

The recent major strategic investment signals a phase of significant growth and potential expansion for Specific Systems. This capital infusion is likely to fuel advancements in product development, enhance manufacturing capabilities, and broaden market reach within its specialized industrial sectors. The company's focus on high-demand, safety-critical applications positions it for continued success as industries increasingly prioritize robust and reliable environmental control solutions.

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Frequently Asked Questions Regarding Specific Systems Financial Insights

What are the most recent funding rounds that Specific Systems has completed, and what were the funding rounds?
Specific Systems has recently completed 2 funding rounds: Debt on Feb 27, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Specific Systems has raised to date?
Specific Systems has raised a total of $1.9M in funding to date.
How many funding rounds has Specific Systems completed?
Specific Systems has completed 2 funding rounds.
How much funding did Specific Systems raise in its most recent funding round?
Specific Systems raised $914K in its most recent funding round.
Who are the lead investors in Specific Systems's latest funding round?
The lead investor in Specific Systems'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 Specific Systems's history?
The largest funding round in Specific Systems's history was $1M.
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