What is Time Refrigeration?
Established in 2002, Just In Time Refrigeration operates as a full-service provider for commercial refrigeration and air conditioning systems across the greater Phoenix area. The company's expertise spans the maintenance and repair of ice machines, refrigeration units, hot food service equipment, and commercial HVAC systems. With a collective experience exceeding 100 years among its technicians, Time Refrigeration is committed to delivering superior customer service. They offer robust preventive maintenance and repair programs designed to optimize equipment longevity and reduce operational costs for their clientele in the restaurant and commercial industries. Their team comprises EPA-certified professionals dedicated to prompt and effective service delivery.
How much funding has Time Refrigeration raised?
Time Refrigeration has raised a total of $372K across 2 funding rounds:
Debt
$150K
Debt
$222K
Debt (2020): $150K with participation from PPP
Debt (2021): $222K led by PPP
What's next for Time Refrigeration?
The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Time Refrigeration for accelerated expansion and enhanced service capabilities. This capital infusion is expected to fuel strategic initiatives, potentially including technological upgrades, service area expansion, and strengthening its market leadership in commercial HVAC and refrigeration solutions. The company's focus on cost-saving maintenance programs and its established reputation for reliability suggest a continued emphasis on operational excellence and customer retention as it navigates its next phase of growth.
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