How Much Did Crosspoint Power & Refrigeration Raise?
Funding & Key Investors

Crosspoint Power & Refrigeration has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established presence and strategic importance within its sector. The company's funding history, marked by a substantial debt financing of $350M in May 2020, indicates a trajectory focused on scaling operations and reinforcing its market position.

What is Crosspoint Power & Refrigeration?

Crosspoint Power & Refrigeration
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Crosspoint Power & Refrigeration is a prominent provider of sales, service, and support for refrigeration units, engines, generators, and Auxiliary Power Units (APUs) across the Midwest. Specializing in Carrier Transicold products, the company offers comprehensive solutions including mobile and in-shop repairs, contract maintenance, and OEM support. Headquartered in Indianapolis, Indiana, Crosspoint operates three facilities and employs a team of skilled technicians committed to delivering high-quality service to OEMs, fleets, and equipment operators.

How much funding has Crosspoint Power & Refrigeration raised?

Crosspoint Power & Refrigeration has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Crosspoint Power & Refrigeration

PPP

Public-Private Partnership

What's next for Crosspoint Power & Refrigeration?

The substantial capital infusion, particularly the large-scale late-stage funding, suggests Crosspoint Power & Refrigeration is poised for significant expansion and operational enhancement. This strategic backing will likely fuel advancements in service capabilities, geographic reach, and potentially the adoption of new technologies within the refrigeration and power unit sectors. The company's focus on contract maintenance and OEM support indicates a strategy aimed at solidifying long-term client relationships and capturing a larger share of the aftermarket services market.

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Frequently Asked Questions Regarding Crosspoint Power & Refrigeration Financial Insights

What are the most recent funding rounds that Crosspoint Power & Refrigeration has completed, and what were the funding rounds?
Crosspoint Power & Refrigeration has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Crosspoint Power & Refrigeration has raised to date?
Crosspoint Power & Refrigeration has raised a total of $350K in funding to date.
How many funding rounds has Crosspoint Power & Refrigeration completed?
Crosspoint Power & Refrigeration has completed 1 funding rounds.
How much funding did Crosspoint Power & Refrigeration raise in its most recent funding round?
Crosspoint Power & Refrigeration raised $350K in its most recent funding round.
Who are the lead investors in Crosspoint Power & Refrigeration's latest funding round?
The lead investor in Crosspoint Power & Refrigeration'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 Crosspoint Power & Refrigeration's history?
The largest funding round in Crosspoint Power & Refrigeration's history was $350K.
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