How Much Did Thermaline Raise?
Funding & Key Investors

Thermaline, a manufacturer of heat exchangers, has secured $350K in total capital, including a recent $350K strategic investment. This significant financing underscores the company's established position in the industrial processing sector and its commitment to energy-efficient solutions.

What is Thermaline?

Thermaline
ManufacturingIndustrial Machinery & Equipment

Thermaline, Inc. is a prominent American manufacturer specializing in a diverse range of heat exchangers, encompassing gasketed plate, tubular, and shell & tube systems. These engineered solutions are critical for optimizing performance and energy efficiency across various industries, including food and beverage, dairy processing, brewing, and broader industrial applications. Beyond its manufacturing capabilities, Thermaline provides essential maintenance, repair, and testing services, ensuring the continued peak operational efficiency of its products. The company's dedication to domestic manufacturing and its ability to deliver customized solutions highlight its client-centric approach.

How much funding has Thermaline raised?

Thermaline has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Thermaline

PPP

Public-Private Partnership

What's next for Thermaline?

The substantial capital infusion, particularly the recent major strategic investment, positions Thermaline for significant growth and potential expansion. As a company operating in a large-scale, late-stage funding environment, Thermaline is likely to leverage this backing to enhance its manufacturing capacity, broaden its product development initiatives, or explore new market segments. The focus on energy efficiency in its product line aligns with current global trends, suggesting potential for increased market penetration and technological advancement in the heat exchanger industry.

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Frequently Asked Questions Regarding Thermaline Financial Insights

What are the most recent funding rounds that Thermaline has completed, and what were the funding rounds?
Thermaline has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Thermaline has raised to date?
Thermaline has raised a total of $350K in funding to date.
How many funding rounds has Thermaline completed?
Thermaline has completed 1 funding rounds.
How much funding did Thermaline raise in its most recent funding round?
Thermaline raised $350K in its most recent funding round.
Who are the lead investors in Thermaline's latest funding round?
The lead investor in Thermaline'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 Thermaline's history?
The largest funding round in Thermaline's history was $350K.
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