How Much Did Air-Rite Heating & Cooling Raise?
Funding & Key Investors

Air-Rite Heating & Cooling has secured $1M in overall capital, with its most recent strategic investment amounting to $1M. This significant backing underscores the company's established presence and potential for further expansion in the competitive HVAC market.

What is Air-Rite Heating & Cooling?

Air-Rite Heating & Cooling
ConstructionConstruction ManagementConsumer Services

Air-Rite Heating & Cooling is a family-owned enterprise specializing in comprehensive heating, cooling, and air quality services. Founded in 1959 and operating within the Greater Chicagoland area, the company serves residential and commercial clients across DuPage and Will County. Their service portfolio includes repairs, replacements, and maintenance for AC and furnace systems, alongside advanced air purification solutions. Air-Rite has cultivated a strong reputation for dependable service and a commitment to energy efficiency.

How much funding has Air-Rite Heating & Cooling raised?

Air-Rite Heating & Cooling has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Air-Rite Heating & Cooling

PPP

Public-Private Partnership

What's next for Air-Rite Heating & Cooling?

The recent major strategic investment in Air-Rite Heating & Cooling signals a pivotal moment for the company's growth trajectory. This capital infusion is likely to fuel initiatives aimed at enhancing service capabilities, expanding operational reach, and potentially adopting new technologies to maintain a competitive edge. As an established player with decades of experience, this strategic backing positions Air-Rite to further solidify its market leadership and continue its legacy of quality service.

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Frequently Asked Questions Regarding Air-Rite Heating & Cooling Financial Insights

What are the most recent funding rounds that Air-Rite Heating & Cooling has completed, and what were the funding rounds?
Air-Rite Heating & Cooling has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Air-Rite Heating & Cooling has raised to date?
Air-Rite Heating & Cooling has raised a total of $1M in funding to date.
How many funding rounds has Air-Rite Heating & Cooling completed?
Air-Rite Heating & Cooling has completed 1 funding rounds.
How much funding did Air-Rite Heating & Cooling raise in its most recent funding round?
Air-Rite Heating & Cooling raised $1M in its most recent funding round.
Who are the lead investors in Air-Rite Heating & Cooling's latest funding round?
The lead investor in Air-Rite Heating & Cooling'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-Rite Heating & Cooling's history?
The largest funding round in Air-Rite Heating & Cooling's history was $1M.
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