How Much Did Technical Air Systems Raise?
Funding & Key Investors

Technical Air Systems has secured significant capital, with a total funding amount of $351K. The company recently announced a major strategic investment of $201K, underscoring its position in the HVAC equipment supply sector. This latest financing round follows a history of debt financing, indicating a shift towards growth-oriented capital infusion for the New York and New Jersey-based supplier.

What is Technical Air Systems?

Technical Air Systems
ManufacturingIndustrial Machinery & Equipment

Technical Air Systems, Inc. is a seasoned regional supplier of HVAC equipment, boasting over 25 years of operational experience. The company has cultivated robust relationships across the industry, serving HVAC manufacturers, contractors, engineers, construction managers, and building developers. Their product portfolio is comprehensive, featuring air handling and distribution systems, advanced building performance controls, and specialized solutions for commercial kitchens. Technical Air Systems has a proven track record, with notable installations in iconic structures such as the Empire State Building and Mount Sinai Hospital, highlighting their capability in executing complex projects.

How much funding has Technical Air Systems raised?

Technical Air Systems has raised a total of $351K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$201K

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

Debt (2021): $201K led by PPP

Key Investors in Technical Air Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Technical Air Systems?

The recent strategic investment signals a pivotal moment for Technical Air Systems, likely enabling expansion into new markets, enhancement of product offerings, or acceleration of technological integration within their HVAC solutions. Given the large-scale, late-stage funding context, the company is poised for significant scaling and market penetration. This capital infusion is expected to fortify its competitive edge and support its strategic objectives in the dynamic HVAC industry, potentially leading to further innovation and increased market share in the metropolitan New York and New Jersey areas.

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Frequently Asked Questions Regarding Technical Air Systems Financial Insights

What are the most recent funding rounds that Technical Air Systems has completed, and what were the funding rounds?
Technical Air Systems has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Technical Air Systems has raised to date?
Technical Air Systems has raised a total of $351K in funding to date.
How many funding rounds has Technical Air Systems completed?
Technical Air Systems has completed 2 funding rounds.
How much funding did Technical Air Systems raise in its most recent funding round?
Technical Air Systems raised $201K in its most recent funding round.
Who are the lead investors in Technical Air Systems's latest funding round?
The lead investor in Technical Air Systems'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 Technical Air Systems's history?
The largest funding round in Technical Air Systems's history was $201K.
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