How Much Did Steffen Heating Raise?
Funding & Key Investors

Steffen Heating, a long-standing entity in the home comfort sector, has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established market presence and its ongoing role in providing essential HVAC and related home products and services.

What is Steffen Heating?

Steffen Heating
ConstructionConstruction ManagementConsumer Services

Established in 1956 and headquartered in Effingham, IL, Steffen Heating & Air Conditioning, Inc. is a comprehensive provider of HVAC solutions, mobile home parts, and a wide array of fireplace and grill products. The company serves both residential and commercial clients across multiple Illinois locations, offering sales, service, and custom installation for furnaces, air conditioners, heat pumps, and geothermal systems. Their extensive product line also includes gas, wood, and electric fireplaces, mantels, grills, smokers, and outdoor kitchen components, positioning them as a versatile home comfort specialist. Steffen Heating is recognized for its 24-hour service availability and commitment to quality, backed by decades of industry experience and partnerships with leading brands.

How much funding has Steffen Heating raised?

Steffen Heating has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Steffen Heating?

The recent major strategic investment signals a phase of significant growth and potential expansion for Steffen Heating. Given the company's extensive history and broad service offering, this capital infusion is likely to fuel enhancements in operational capacity, technological upgrades for their HVAC services, and potentially the broadening of their product lines or service areas. As a late-stage company, this funding will enable Steffen Heating to solidify its market leadership and capitalize on opportunities within the evolving home comfort and energy efficiency markets.

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Frequently Asked Questions Regarding Steffen Heating Financial Insights

What are the most recent funding rounds that Steffen Heating has completed, and what were the funding rounds?
Steffen Heating has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Steffen Heating has raised to date?
Steffen Heating has raised a total of $150K in funding to date.
How many funding rounds has Steffen Heating completed?
Steffen Heating has completed 1 funding rounds.
How much funding did Steffen Heating raise in its most recent funding round?
Steffen Heating raised $150K in its most recent funding round.
Who are the lead investors in Steffen Heating's latest funding round?
The lead investor in Steffen Heating'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 Steffen Heating's history?
The largest funding round in Steffen Heating's history was $150K.
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