How Much Did Cool Power Raise?
Funding & Key Investors

Cool Power has secured $939K in total capital, with its most recent strategic investment amounting to $589K. This major enterprise-level funding round signifies a significant milestone for the HVAC service provider, underscoring its established presence and future growth potential in the competitive Long Island market.

What is Cool Power?

Cool Power
ConstructionConstruction ManagementConsumer Services

Cool Power LLC, established in 1976 and based in Ronkonkoma, NY, is a premier provider of heating and air conditioning solutions for residential and commercial clients across Nassau and Suffolk Counties. The company offers a full spectrum of HVAC services, including the installation, repair, and maintenance of heating systems, air conditioning units, and indoor air quality products. Known for its commitment to customer satisfaction, Cool Power LLC provides 24/7 emergency services, leveraging its team of skilled technicians to deliver high-quality service and ensure year-round comfort for Long Island residents and businesses.

How much funding has Cool Power raised?

Cool Power has raised a total of $939K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$589K

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

Debt (2021): $589K led by PPP

Key Investors in Cool Power

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Cool Power?

The recent major strategic investment into Cool Power indicates a phase of potential expansion and service enhancement. This capital infusion is likely to fuel initiatives aimed at broadening service reach, upgrading technological capabilities, or strengthening operational efficiency. As a company with a long-standing history since 1976, this strategic backing suggests a forward-looking approach to maintaining its leadership in the HVAC sector and adapting to evolving market demands and customer expectations.

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Frequently Asked Questions Regarding Cool Power Financial Insights

What are the most recent funding rounds that Cool Power has completed, and what were the funding rounds?
Cool Power has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on May 1, 2020.
What is the total amount of funding Cool Power has raised to date?
Cool Power has raised a total of $939K in funding to date.
How many funding rounds has Cool Power completed?
Cool Power has completed 2 funding rounds.
How much funding did Cool Power raise in its most recent funding round?
Cool Power raised $589K in its most recent funding round.
Who are the lead investors in Cool Power's latest funding round?
The lead investor in Cool Power'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 Cool Power's history?
The largest funding round in Cool Power's history was $589K.
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