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

Standard Heating & Cooling has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established presence and ongoing growth trajectory within the competitive HVAC sector.

What is Standard Heating & Cooling?

Standard Heating & Cooling
RetailHome Improvement & Hardware RetailConsumer Services

Based in Peoria, IL, Standard Heating & Cooling has been a prominent player in the HVAC industry since its inception in 1939. The company offers comprehensive heating and air conditioning services to a diverse clientele, including residential, commercial, and institutional sectors. Their service portfolio extends to advanced solutions such as air purification, proactive maintenance plans, and extensive ventilation projects, complemented by in-house sheet metal fabrication and installation capabilities. Standard Heating & Cooling distinguishes itself through a steadfast commitment to customer satisfaction, providing 24-hour support and a robust money-back guarantee on all undertakings. Their team of skilled technicians focuses on delivering precise, high-quality, and tailored solutions to meet the specific requirements of each customer.

How much funding has Standard Heating & Cooling raised?

Standard Heating & Cooling has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Standard Heating & Cooling?

The substantial capital infusion, contextualized by a large-scale late-stage funding round and a major strategic investment, indicates that Standard Heating & Cooling is poised for significant expansion and operational enhancement. This financial backing is likely to fuel initiatives aimed at broadening market reach, upgrading technological infrastructure, and potentially expanding service offerings. The company's long-standing history and focus on quality service suggest a strategic approach to leveraging this new capital for sustainable growth and solidifying its leadership position in the HVAC market.

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Frequently Asked Questions Regarding Standard Heating & Cooling Financial Insights

What are the most recent funding rounds that Standard Heating & Cooling has completed, and what were the funding rounds?
Standard Heating & Cooling has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Standard Heating & Cooling has raised to date?
Standard Heating & Cooling has raised a total of $350K in funding to date.
How many funding rounds has Standard Heating & Cooling completed?
Standard Heating & Cooling has completed 1 funding rounds.
How much funding did Standard Heating & Cooling raise in its most recent funding round?
Standard Heating & Cooling raised $350K in its most recent funding round.
Who are the lead investors in Standard Heating & Cooling's latest funding round?
The lead investor in Standard 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 Standard Heating & Cooling's history?
The largest funding round in Standard Heating & Cooling's history was $350K.
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