How Much Did Triangle Refrigeration Raise?
Funding & Key Investors

Triangle Refrigeration has secured $380K in total capital, with its most recent financing round bringing in $230K. This significant strategic investment underscores the company's established presence and ongoing growth trajectory in the commercial refrigeration sector.

What is Triangle Refrigeration?

Triangle Refrigeration
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Triangle Refrigeration Services is a comprehensive commercial refrigeration contractor headquartered in Raleigh, North Carolina. Since its inception in 1983, the company has specialized in the sale and servicing of a wide array of refrigeration equipment, with a particular emphasis on ice machines. Known for its dependable and transparent service, Triangle Refrigeration caters to the diverse refrigeration needs of businesses across the Raleigh, Durham, and Chapel Hill metropolitan areas. Operating with a fleet of eight service trucks, the company is adept at customizing service programs to meet specific client requirements, solidifying its reputation as a reliable, one-stop solution for commercial refrigeration demands.

How much funding has Triangle Refrigeration raised?

Triangle Refrigeration has raised a total of $380K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$230K

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

Debt (2021): $230K led by PPP

What's next for Triangle Refrigeration?

The substantial capital infusion, characterized as a large-scale late-stage funding event, positions Triangle Refrigeration for accelerated expansion and operational enhancement. This strategic backing is likely to fuel initiatives aimed at broadening service capabilities, potentially investing in new technologies, and expanding its market reach within North Carolina and beyond. The company's focus on maintaining its reputation for quality service at competitive prices, coupled with this recent strategic investment, suggests a forward-looking approach to solidifying its leadership in the commercial refrigeration industry.

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Frequently Asked Questions Regarding Triangle Refrigeration Financial Insights

What are the most recent funding rounds that Triangle Refrigeration has completed, and what were the funding rounds?
Triangle Refrigeration has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Triangle Refrigeration has raised to date?
Triangle Refrigeration has raised a total of $380K in funding to date.
How many funding rounds has Triangle Refrigeration completed?
Triangle Refrigeration has completed 2 funding rounds.
How much funding did Triangle Refrigeration raise in its most recent funding round?
Triangle Refrigeration raised $230K in its most recent funding round.
Who are the lead investors in Triangle Refrigeration's latest funding round?
The lead investor in Triangle Refrigeration'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 Triangle Refrigeration's history?
The largest funding round in Triangle Refrigeration's history was $230K.
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