How Much Did Weatherite Raise?
Funding & Key Investors

Weatherite, a long-standing provider of comprehensive heating, ventilation, and air conditioning (HVAC) services for commercial and industrial clients in Southern California, has secured $780K in total capital. The company recently announced a major strategic investment, bringing in $430K in new financing. This latest capital infusion underscores the enterprise-level backing Weatherite has garnered as it continues to serve its established market.

What is Weatherite?

Weatherite
RetailHome Improvement & Hardware RetailConsumer Services

Founded in 1958, Weatherite has built a robust reputation for delivering a complete spectrum of HVAC solutions. Their expertise spans service and repair, preventive maintenance, equipment retrofits, and advanced energy management systems, all tailored to the specific needs of commercial and industrial facilities. Weatherite's commitment to leveraging cutting-edge technology and employing skilled professionals ensures the delivery of highly efficient and reliable HVAC operations for its clientele across Southern California.

How much funding has Weatherite raised?

Weatherite has raised a total of $780K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$430K

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

Debt (2021): $430K led by PPP

What's next for Weatherite?

The recent major strategic investment signals a period of potential expansion and technological advancement for Weatherite. With a foundation built over six decades, this capital injection is likely to fuel initiatives aimed at enhancing service delivery, adopting new energy-efficient technologies, and potentially broadening its operational footprint within Southern California. The company's focus on enterprise-level clients suggests a strategy geared towards large-scale projects and long-term service contracts, positioning Weatherite for sustained growth in the competitive HVAC market.

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Frequently Asked Questions Regarding Weatherite Financial Insights

What are the most recent funding rounds that Weatherite has completed, and what were the funding rounds?
Weatherite has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Weatherite has raised to date?
Weatherite has raised a total of $780K in funding to date.
How many funding rounds has Weatherite completed?
Weatherite has completed 2 funding rounds.
How much funding did Weatherite raise in its most recent funding round?
Weatherite raised $430K in its most recent funding round.
Who are the lead investors in Weatherite's latest funding round?
The lead investor in Weatherite'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 Weatherite's history?
The largest funding round in Weatherite's history was $430K.
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