How Much Did Ace Coolers Raise?
Funding & Key Investors

Ace Coolers has secured $833K in total capital, with its most recent funding round bringing in $483K through a major strategic investment on February 17, 2021. This significant financing underscores the company's established presence and ongoing growth within the specialized cooling and freezing solutions sector.

The company's funding history, which includes debt financing rounds in May 2020 and February 2021, indicates a strategic approach to capital acquisition, likely aimed at supporting operational expansion and service delivery.

What is Ace Coolers?

Ace Coolers
ConstructionConstruction ManagementBusiness Services

Ace Coolers, Inc. is a seasoned provider of custom cooling and freezing solutions, established in 1987. The company offers a comprehensive suite of services, including refrigeration sales, installations, and maintenance, backed by factory-certified technicians available for 24/7 emergency support and scheduled upkeep. Serving a diverse clientele across pharmaceuticals, hospitals, restaurants, and military bases, Ace Coolers primarily caters to businesses throughout Southern California. Their commitment lies in delivering innovative and tailored cooling systems designed to meet the unique operational demands of each customer.

How much funding has Ace Coolers raised?

Ace Coolers has raised a total of $833K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$483K

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

Debt (2021): $483K led by PPP

Key Investors in Ace Coolers

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ace Coolers?

The recent major strategic investment, alongside the company's history of debt financing, suggests Ace Coolers is poised for continued expansion and service enhancement. This capital infusion is likely to bolster their capacity to serve key industries requiring specialized refrigeration, such as healthcare and food services, within Southern California. Future developments may involve scaling operations, adopting new cooling technologies, and further solidifying their market position as a reliable provider of critical infrastructure solutions.

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Frequently Asked Questions Regarding Ace Coolers Financial Insights

What are the most recent funding rounds that Ace Coolers has completed, and what were the funding rounds?
Ace Coolers has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on May 21, 2020.
What is the total amount of funding Ace Coolers has raised to date?
Ace Coolers has raised a total of $833K in funding to date.
How many funding rounds has Ace Coolers completed?
Ace Coolers has completed 2 funding rounds.
How much funding did Ace Coolers raise in its most recent funding round?
Ace Coolers raised $483K in its most recent funding round.
Who are the lead investors in Ace Coolers's latest funding round?
The lead investor in Ace Coolers'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 Ace Coolers's history?
The largest funding round in Ace Coolers's history was $483K.
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