How Much Did Test and Balancing Raise?
Funding & Key Investors

Test and Balancing, a cornerstone of the DMV area's mechanical infrastructure sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $339K. This latest infusion of $189K underscores the firm's enduring market relevance and its critical role in maintaining high-performance building environments. By leveraging this recent financing, the company reinforces its position as a premier provider of AABC-certified testing, adjusting, and balancing services, ensuring that complex HVAC systems operate at peak efficiency across diverse commercial and industrial portfolios.

What is Test and Balancing?

Test and Balancing
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

Established in 1977, Test and Balancing, Inc. has cultivated a reputation for technical excellence in the specialized field of HVAC performance verification. The firm provides a comprehensive suite of services, including air, water, sound, and vibration testing, which are essential for modern building compliance and energy optimization. Serving a sophisticated clientele that includes architects, mechanical engineers, and general contractors, the company bridges the gap between design intent and operational reality. Their commitment to rigorous industry standards, such as ductwork leakage testing, ensures that building owners achieve maximum efficiency and regulatory adherence, solidifying their status as a trusted partner in facility management and infrastructure maintenance.

How much funding has Test and Balancing raised?

Test and Balancing has raised a total of $339K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$189K

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

Debt (2021): $189K led by PPP

Key Investors in Test and Balancing

PPP

Public-Private Partnership

What's next for Test and Balancing?

With the successful acquisition of this late-stage capital, Test and Balancing is well-positioned to scale its operational footprint and integrate advanced diagnostic technologies into its service offerings. The strategic deployment of these funds will likely focus on enhancing technical capabilities, expanding the firm's reach within the DMV region, and further professionalizing its service delivery model. As building efficiency standards continue to tighten, the company's expertise in precision testing will remain a high-demand commodity, providing a stable foundation for long-term growth and continued leadership in the mechanical testing and balancing industry.

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Frequently Asked Questions Regarding Test and Balancing Financial Insights

What are the most recent funding rounds that Test and Balancing has completed, and what were the funding rounds?
Test and Balancing has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Test and Balancing has raised to date?
Test and Balancing has raised a total of $339K in funding to date.
How many funding rounds has Test and Balancing completed?
Test and Balancing has completed 2 funding rounds.
How much funding did Test and Balancing raise in its most recent funding round?
Test and Balancing raised $189K in its most recent funding round.
Who are the lead investors in Test and Balancing's latest funding round?
The lead investor in Test and Balancing'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 Test and Balancing's history?
The largest funding round in Test and Balancing's history was $189K.
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