How Much Did Weatherite Raise?
Funding & Key Investors

Weatherite, a cornerstone in the Southern California industrial climate control sector, has successfully secured a significant capital injection to bolster its operational capabilities. With a cumulative financial backing reaching $780K, the firm continues to demonstrate robust market resilience. The most recent strategic investment of $430K marks a pivotal moment in the company's trajectory, providing the necessary liquidity to scale its specialized HVAC service offerings across the competitive commercial landscape.

What is Weatherite?

Weatherite
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Founded in 1958, Weatherite has established itself as a premier provider of heating, ventilation, and air conditioning solutions tailored specifically for the rigorous demands of commercial and industrial facilities. The company distinguishes itself through a comprehensive service portfolio that spans preventive maintenance, complex equipment retrofits, and sophisticated energy management systems. By integrating advanced diagnostic technology with a highly skilled workforce, Weatherite ensures that its clients maintain optimal facility performance while adhering to modern energy efficiency standards. Their market position is defined by a long-standing reputation for reliability and technical precision in the Southern California region.

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

Key Investors in Weatherite

PPP

Public-Private Partnership

What's next for Weatherite?

The infusion of capital from the latest financing round is expected to accelerate Weatherite's strategic initiatives in energy management and infrastructure modernization. As the firm transitions into this next phase of growth, management is likely to prioritize the expansion of its service footprint and the adoption of next-generation HVAC monitoring technologies. By leveraging this major strategic investment, Weatherite is well-positioned to capitalize on the increasing demand for sustainable and efficient industrial climate control solutions, ensuring long-term value creation for its stakeholders and clients alike.

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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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