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

Summit Heating & AC has secured $197K in total financing, with a recent capital injection of $47K designated for substantial expansion. This significant investment underscores the company's established presence and its strategic move towards scaling operations in the competitive HVAC and plumbing service sector.

What is Summit Heating & AC?

Summit Heating & AC
ConstructionConstruction ManagementConsumer Services

Established in 1998, Summit Heating, A/C, Plumbing & Electrical is a prominent service provider in the Denver, CO metropolitan area. The company offers a comprehensive suite of services encompassing the installation, maintenance, and repair of heating and cooling systems, alongside a full spectrum of plumbing solutions. Summit Heating & AC caters to both residential homeowners and commercial businesses, emphasizing reliability and high-quality service delivery. Their commitment to client comfort is supported by NATE-certified technicians, ensuring professional and dependable service.

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

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Summit Heating & AC?

With the recent influx of substantial expansion capital, Summit Heating & AC is poised for significant growth. This late-stage funding is likely to be allocated towards expanding service territories, enhancing operational capacity, and potentially investing in new technologies or fleet upgrades. The company's focus on core HVAC, plumbing, and electrical services, combined with its established reputation, positions it well to leverage this investment for increased market share and service excellence.

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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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