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How Much Did State Automatic Raise?
Funding & Key Investors

State Automatic has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the HVAC sector.

What is State Automatic?

State Automatic
ConstructionConstruction ManagementConsumer Services

State Automatic, based in Batavia, IL, has been a provider of comprehensive HVAC solutions since 1929. The company specializes in furnace installation, emergency heating repair, and air conditioning maintenance, serving the western suburbs of Chicago. As a NATE-certified and Carrier Factory Authorized Dealer, State Automatic offers a broad spectrum of services, including geothermal systems, indoor air quality solutions, and commercial HVAC services, emphasizing quality products and customer satisfaction through guaranteed work and flexible financing.

How much funding has State Automatic raised?

State Automatic has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for State Automatic?

The company's large-scale, late-stage funding context suggests a strategic phase focused on scaling operations, expanding market reach, or potentially acquiring complementary businesses. This infusion of capital is likely to bolster State Automatic's capacity to innovate and maintain its competitive edge in the demanding HVAC market, particularly in serving the western Chicago suburbs.

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Frequently Asked Questions Regarding State Automatic Financial Insights

What are the most recent funding rounds that State Automatic has completed, and what were the funding rounds?
State Automatic has recently completed 1 funding rounds: Debt on Apr 7, 2020. What is the total amount of funding State Automatic has raised to date?
State Automatic has raised a total of $150K in funding to date. How many funding rounds has State Automatic completed?
State Automatic has completed 1 funding rounds. How much funding did State Automatic raise in its most recent funding round?
State Automatic raised $150K in its most recent funding round. Who are the lead investors in State Automatic's latest funding round?
The lead investor in State Automatic'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 State Automatic's history?
The largest funding round in State Automatic's history was $150K.
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