How Much Did TABworks Raise?
Funding & Key Investors

TABworks, a specialist in Testing, Adjusting, and Balancing (TAB) of HVAC Building Systems and Commissioning, has secured $420K in total capital, with its most recent financing round bringing in $270K in a major strategic investment. This latest injection of funds, dated February 10, 2021, follows a prior debt financing of $150M on May 12, 2020, indicating a pattern of significant financial backing to fuel its operations and expansion in the building systems sector.

What is TABworks?

TABworks
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TABworks, Inc. operates as an independent contractor focused on the critical services of Testing, Adjusting, and Balancing HVAC Building Systems, alongside Building Systems Commissioning and Duct Leak Testing. The company prides itself on its NEBB certification and a highly experienced team, boasting five NEBB Certified Technicians with over 125 years of combined industry expertise. Their comprehensive service portfolio includes air balancing, hydronic balancing, and HVAC commissioning, all aimed at ensuring optimal performance and quality within building environments. This specialization positions TABworks as a key player for clients requiring professional oversight and validation of their mechanical systems.

How much funding has TABworks raised?

TABworks has raised a total of $420K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$270K

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

Debt (2021): $270K led by PPP

What's next for TABworks?

The substantial capital infusion, particularly the recent strategic investment, suggests TABworks is poised for significant growth and operational scaling. As a late-stage company, this backing is likely intended to enhance service delivery capabilities, expand market reach, or invest in advanced technological solutions for HVAC system optimization. The company's commitment to NEBB certification and experienced personnel provides a strong foundation for leveraging this investment to solidify its market position and pursue new opportunities in the building commissioning and balancing industry.

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Frequently Asked Questions Regarding TABworks Financial Insights

What are the most recent funding rounds that TABworks has completed, and what were the funding rounds?
TABworks has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 12, 2020.
What is the total amount of funding TABworks has raised to date?
TABworks has raised a total of $420K in funding to date.
How many funding rounds has TABworks completed?
TABworks has completed 2 funding rounds.
How much funding did TABworks raise in its most recent funding round?
TABworks raised $270K in its most recent funding round.
Who are the lead investors in TABworks's latest funding round?
The lead investor in TABworks'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 TABworks's history?
The largest funding round in TABworks's history was $270K.
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