How Much Did Generation 3 Electric & HVAC Raise?
Funding & Key Investors

Generation 3 Electric & HVAC has secured significant financial backing, with its total funding reaching $944K. The company recently announced a major strategic investment, adding to its capital reserves. This recent infusion of capital, amounting to $594K, underscores the company's strategic importance and growth trajectory within the home services sector.

What is Generation 3 Electric & HVAC?

Generation 3 Electric & HVAC
Consumer ServicesRepair Services

Generation 3 Electric & HVAC is a comprehensive provider of electrical, plumbing, and HVAC services catering to residential clients in Philadelphia, PA. With over two decades of operational experience, the company offers a broad spectrum of services, including electrical installations, maintenance for heating and cooling systems, and plumbing solutions. GEN3 Electric & HVAC emphasizes customer satisfaction, providing free estimates and financing options to enhance the service experience. The company positions itself as a dependable partner for homeowners seeking integrated home service solutions.

How much funding has Generation 3 Electric & HVAC raised?

Generation 3 Electric & HVAC has raised a total of $944K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$594K

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

Debt (2021): $594K led by PPP

What's next for Generation 3 Electric & HVAC?

The recent major strategic investment signals a pivotal moment for Generation 3 Electric & HVAC, likely enabling expansion of its service offerings, geographic reach, or technological capabilities. As an established player in the Philadelphia residential services market, this capital infusion is expected to fuel further growth and operational enhancements. The company's focus on quality service and customer satisfaction, combined with strategic financial backing, positions it for continued success and market leadership in the competitive home services industry.

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Frequently Asked Questions Regarding Generation 3 Electric & HVAC Financial Insights

What are the most recent funding rounds that Generation 3 Electric & HVAC has completed, and what were the funding rounds?
Generation 3 Electric & HVAC has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Generation 3 Electric & HVAC has raised to date?
Generation 3 Electric & HVAC has raised a total of $944K in funding to date.
How many funding rounds has Generation 3 Electric & HVAC completed?
Generation 3 Electric & HVAC has completed 2 funding rounds.
How much funding did Generation 3 Electric & HVAC raise in its most recent funding round?
Generation 3 Electric & HVAC raised $594K in its most recent funding round.
Who are the lead investors in Generation 3 Electric & HVAC's latest funding round?
The lead investor in Generation 3 Electric & HVAC'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 Generation 3 Electric & HVAC's history?
The largest funding round in Generation 3 Electric & HVAC's history was $594K.
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