How Much Did Swenson Heating Raise?
Funding & Key Investors

Swenson Heating has secured $41K in recent financing, contributing to a total funding amount of $41K. This capital infusion marks a significant stage for the company, likely aligning with its Series B/C phase, as it pursues substantial expansion.

What is Swenson Heating?

Swenson Heating
ConstructionConstruction ManagementConsumer Services

Swenson Heating & Air Conditioning, a family-owned enterprise founded in 1969, is a cornerstone provider of heating and cooling solutions for builders and homeowners across North Metro Minnesota, with a strong presence in Princeton and surrounding locales. The company offers a comprehensive suite of products, including furnaces, air conditioners, and humidifiers, complemented by custom sheet metal fabrication, installation, and repair services. Their commitment to exceptional customer service is upheld by a team of highly trained, factory-certified technicians utilizing advanced equipment to ensure client comfort and satisfaction.

How much funding has Swenson Heating raised?

Swenson Heating has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

Key Investors in Swenson Heating

PPP

Public-Private Partnership

What's next for Swenson Heating?

The recent influx of substantial expansion capital positions Swenson Heating for accelerated growth and market penetration. This strategic financing is expected to fuel initiatives aimed at enhancing service capabilities, potentially expanding operational reach, and further solidifying their reputation for reliability and customer-centric solutions in the competitive HVAC sector. The company's trajectory suggests a focus on scaling operations to meet increasing demand and potentially exploring new service offerings or geographic markets.

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Frequently Asked Questions Regarding Swenson Heating Financial Insights

What are the most recent funding rounds that Swenson Heating has completed, and what were the funding rounds?
Swenson Heating has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Swenson Heating has raised to date?
Swenson Heating has raised a total of $41K in funding to date.
How many funding rounds has Swenson Heating completed?
Swenson Heating has completed 1 funding rounds.
How much funding did Swenson Heating raise in its most recent funding round?
Swenson Heating raised $41K in its most recent funding round.
Who are the lead investors in Swenson Heating's latest funding round?
The lead investor in Swenson 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 Swenson Heating's history?
The largest funding round in Swenson Heating's history was $41K.
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