Time Refrigeration Funding: How Much Did They Raise & Key Investors

How Much Did Time Refrigeration Raise?
Funding & Key Investors

Time Refrigeration has successfully secured a significant capital injection, bringing its cumulative financing to $372K. This latest infusion, characterized by a $222K major strategic investment, underscores the firm's robust position within the competitive commercial HVAC and refrigeration landscape. By leveraging these financial resources, the Phoenix-based enterprise continues to solidify its operational footprint, ensuring that its service delivery remains at the forefront of the industry.

The company's growth trajectory, marked by successive debt financing rounds, reflects a disciplined approach to scaling its service infrastructure. As the organization navigates the complexities of the current economic environment, this influx of capital serves as a critical catalyst for maintaining its high-performance standards and expanding its reach across the greater Phoenix metropolitan area.

What is Time Refrigeration?

Time Refrigeration

Construction

Construction Management

Consumer Services

Established in 2002, Time Refrigeration operates as a premier provider of commercial refrigeration, ice machine maintenance, and HVAC solutions. The company distinguishes itself through a deep bench of EPA-certified technicians and a commitment to preventive maintenance programs that optimize equipment longevity for restaurant and commercial clients. By integrating technical expertise with a customer-centric service model, the firm has cultivated a reputation for reliability and operational excellence. Its market position is defined by a focus on mission-critical infrastructure, where downtime is not an option for its diverse client base. The company's ability to manage complex hot food service equipment and large-scale cooling systems positions it as a vital partner for businesses requiring consistent, high-quality environmental control solutions.

How much funding has Time Refrigeration raised?

Time Refrigeration has raised a total of $372K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$222K

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

Debt (2021): $222K led by PPP

Key Investors in Time Refrigeration

PPP

Public-Private Partnership

What's next for Time Refrigeration?

With the recent capital deployment, Time Refrigeration is well-positioned to enhance its service delivery capabilities and potentially broaden its regional service radius. The strategic focus will likely center on upgrading diagnostic technologies and expanding the fleet of certified technicians to meet the rising demand for energy-efficient refrigeration systems. As the company transitions into this next phase of maturity, the emphasis will remain on operational efficiency and the continued refinement of its preventive maintenance offerings. By prioritizing long-term client relationships and technical precision, Time Refrigeration is poised to maintain its competitive advantage in the HVAC sector, ensuring sustained growth and market relevance in an increasingly demanding commercial landscape.

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