How Much Did Cyprus Air Raise?
Funding & Key Investors

Cyprus Air, a local HVAC service provider, has secured $709K in total capital, with its most recent financing round bringing in $359K in a major strategic investment. This latest backing underscores the company's established presence and its ongoing efforts to expand its service offerings within the greater DC area.

What is Cyprus Air?

Cyprus Air
ConstructionConstruction ManagementConsumer Services

Cyprus Air Heating and Cooling, operating since 1967 in Alexandria, VA, is a seasoned provider of comprehensive HVAC services. The company caters to both residential and commercial clients across the greater DC metropolitan area, offering installation, maintenance, and repair solutions. Their commitment extends to ensuring optimal indoor comfort and air quality, supported by services such as free estimates and accessible financing options. The company's longevity and focus on customer satisfaction are hallmarks of its operational strategy.

How much funding has Cyprus Air raised?

Cyprus Air has raised a total of $709K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$359K

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

Debt (2021): $359K led by PPP

Key Investors in Cyprus Air

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Cyprus Air?

The recent major strategic investment suggests Cyprus Air is poised for significant growth and service enhancement. This capital infusion is likely to fuel expansion initiatives, potentially including technological upgrades, broader service area coverage, or enhanced customer support infrastructure. As an established enterprise in the HVAC sector, Cyprus Air is well-positioned to leverage this financing to solidify its market leadership and adapt to evolving industry demands.

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Frequently Asked Questions Regarding Cyprus Air Financial Insights

What are the most recent funding rounds that Cyprus Air has completed, and what were the funding rounds?
Cyprus Air has recently completed 2 funding rounds: Debt on Mar 24, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Cyprus Air has raised to date?
Cyprus Air has raised a total of $709K in funding to date.
How many funding rounds has Cyprus Air completed?
Cyprus Air has completed 2 funding rounds.
How much funding did Cyprus Air raise in its most recent funding round?
Cyprus Air raised $359K in its most recent funding round.
Who are the lead investors in Cyprus Air's latest funding round?
The lead investor in Cyprus Air'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 Cyprus Air's history?
The largest funding round in Cyprus Air's history was $359K.
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