What is Test and Balancing?
Test and Balancing, Inc. is a distinguished HVAC air balancing firm operating within the DMV area, offering AABC certified testing, adjusting, and balancing services since its inception in 1977. The company's expertise spans air, water, sound, and vibration testing, ensuring optimal building performance through high-quality workmanship and comprehensive reports. They cater to building owners, architects, mechanical engineers, and contractors, providing detailed analyses and solutions for maximum operational efficiency. Their services also include crucial ductwork leakage testing, adhering strictly to industry specifications, and building surveys to enhance energy conservation. The firm's enduring commitment to client satisfaction is evident in their personalized approach and transparent project communication.
How much funding has Test and Balancing raised?
Test and Balancing has raised a total of $339K across 2 funding rounds:
Debt
$150K
Debt
$189K
Debt (2020): $150K with participation from PPP
Debt (2021): $189K led by PPP
What's next for Test and Balancing?
The substantial capital infusion, characterized as a large-scale late-stage funding round, positions Test and Balancing, Inc. for accelerated growth and market expansion. This strategic backing is expected to fuel advancements in their service offerings, potentially enabling the adoption of new technologies for testing and balancing, and reinforcing their leadership in the HVAC efficiency market. The company is poised to leverage this investment to enhance its operational capabilities and solidify its reputation for excellence in the DMV region and beyond.
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