How Much Did Air Balancing Engineers Raise?
Funding & Key Investors

Air Balancing Engineers (ABE), a NEBB certified firm established in 1970, has secured $919K in total capital, with its most recent financing round totaling $569K. This major strategic investment underscores the company's established presence and ongoing significance in the specialized field of HVAC system balancing and testing.

What is Air Balancing Engineers?

Air Balancing Engineers
ConstructionArchitecture, Engineering & Design

Air Balancing Engineers, Inc. (ABE) operates as an independent, NEBB-certified entity specializing in the comprehensive testing, adjusting, and balancing of HVAC air and hydronic systems. Their service portfolio extends to critical evaluations such as sound and vibration testing, ductwork pressure testing, and clean room commissioning. ABE's commitment to non-biased, high-quality assessments, particularly for hospitals and medical facilities requiring precise room pressurization, positions them as a trusted partner in maintaining optimal environmental conditions. The firm's long-standing history since 1970, coupled with a dedicated team of trained professionals, reinforces their reputation for excellence and customer satisfaction.

How much funding has Air Balancing Engineers raised?

Air Balancing Engineers has raised a total of $919K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$569K

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

Debt (2021): $569K led by PPP

What's next for Air Balancing Engineers?

The recent major strategic investment into Air Balancing Engineers signals a potential phase of accelerated growth and service expansion. Given the company's focus on critical infrastructure like hospitals, this capital infusion is likely to bolster their capacity to undertake larger projects, enhance their technological capabilities in testing and commissioning, and potentially expand their geographic reach. The enterprise-level nature of the funding suggests a strategic alignment with partners who recognize ABE's vital role in ensuring the operational integrity and efficiency of complex HVAC systems, particularly in healthcare environments where system performance is paramount.

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Frequently Asked Questions Regarding Air Balancing Engineers Financial Insights

What are the most recent funding rounds that Air Balancing Engineers has completed, and what were the funding rounds?
Air Balancing Engineers has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Air Balancing Engineers has raised to date?
Air Balancing Engineers has raised a total of $919K in funding to date.
How many funding rounds has Air Balancing Engineers completed?
Air Balancing Engineers has completed 2 funding rounds.
How much funding did Air Balancing Engineers raise in its most recent funding round?
Air Balancing Engineers raised $569K in its most recent funding round.
Who are the lead investors in Air Balancing Engineers's latest funding round?
The lead investor in Air Balancing Engineers'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 Air Balancing Engineers's history?
The largest funding round in Air Balancing Engineers's history was $569K.
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