How Much Did Summit Heating & AC Raise?
Funding & Key Investors

Summit Heating & AC has successfully secured a significant infusion of capital, bringing its total cumulative financing to $197K. This latest round, which provided $47K in substantial expansion capital, underscores the firm's robust position within the competitive Denver HVAC and plumbing services market. By leveraging this debt-based financing, the company is well-positioned to solidify its operational footprint and enhance its service delivery capabilities across the Colorado region.

What is Summit Heating & AC?

Summit Heating & AC
ConstructionConstruction ManagementConsumer Services

Established in 1998, Summit Heating & AC has evolved into a premier service provider specializing in comprehensive HVAC, plumbing, and electrical solutions. The company distinguishes itself through a commitment to technical excellence, employing a dedicated team of NATE-certified technicians to serve both residential and commercial client bases. By maintaining a focus on high-quality installation, preventative maintenance, and emergency repair services, the firm has cultivated a reputation for reliability and customer-centric performance in a fragmented home services industry. Their market position is defined by long-term operational stability and a deep understanding of regional infrastructure requirements.

How much funding has Summit Heating & AC raised?

Summit Heating & AC has raised a total of $197K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$47K

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

Debt (2021): $47K led by PPP

Key Investors in Summit Heating & AC

PPP

Public-Private Partnership

What's next for Summit Heating & AC?

With the recent influx of capital, Summit Heating & AC is poised to accelerate its growth trajectory through strategic service expansion and potential infrastructure upgrades. The company is expected to utilize these funds to scale its workforce, invest in advanced diagnostic technologies, and potentially broaden its geographic reach within the Denver metropolitan area. As the firm transitions into this next phase of development, the focus will likely remain on optimizing service efficiency and maintaining the high standards of quality that have defined its two-decade history. This late-stage financial backing provides the necessary liquidity to navigate market fluctuations while pursuing long-term value creation for stakeholders.

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Frequently Asked Questions Regarding Summit Heating & AC Financial Insights

What are the most recent funding rounds that Summit Heating & AC has completed, and what were the funding rounds?
Summit Heating & AC has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Summit Heating & AC has raised to date?
Summit Heating & AC has raised a total of $197K in funding to date.
How many funding rounds has Summit Heating & AC completed?
Summit Heating & AC has completed 2 funding rounds.
How much funding did Summit Heating & AC raise in its most recent funding round?
Summit Heating & AC raised $47K in its most recent funding round.
Who are the lead investors in Summit Heating & AC's latest funding round?
The lead investor in Summit Heating & AC'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 Summit Heating & AC's history?
The largest funding round in Summit Heating & AC's history was $150K.
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