How Much Did Industrial Insulation Raise?
Funding & Key Investors

Industrial Insulation has secured significant capital, with a total funding amount of $451K. The company recently announced a major strategic investment of $301K, underscoring its position in the commercial and industrial mechanical systems sector. This latest financing round signifies a critical juncture for the Fairbanks-based contractor, known for its commitment to high-quality results and customer service.

What is Industrial Insulation?

Industrial Insulation
ConstructionConstruction Management

Industrial Insulation specializes in commercial and industrial mechanical systems, aiming to be the leading contractor in Interior Alaska. Founded in 1999 by Terry L. Underwood, who brings 25 years of industry experience, the company focuses on delivering superior products and services. With an average of 10 highly trained employees, Industrial Insulation is dedicated to ethical leadership and meeting customer needs through integrity and effective customer service. The company's operational focus is on providing reliable and effective solutions within the mechanical insulation industry.

How much funding has Industrial Insulation raised?

Industrial Insulation has raised a total of $451K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$301K

Debt (2020): $150K with participation from PPP

Debt (2021): $301K led by PPP

What's next for Industrial Insulation?

The recent large-scale, late-stage funding indicates Industrial Insulation is poised for significant expansion and strategic growth. This capital infusion is likely to support enhanced operational capabilities, potential market penetration, and the scaling of its services across Interior Alaska and beyond. The company's emphasis on quality and customer satisfaction, coupled with this strategic investment, positions it for sustained development and a strengthened competitive advantage in the commercial and industrial mechanical systems contracting market.

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Frequently Asked Questions Regarding Industrial Insulation Financial Insights

What are the most recent funding rounds that Industrial Insulation has completed, and what were the funding rounds?
Industrial Insulation has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Industrial Insulation has raised to date?
Industrial Insulation has raised a total of $451K in funding to date.
How many funding rounds has Industrial Insulation completed?
Industrial Insulation has completed 2 funding rounds.
How much funding did Industrial Insulation raise in its most recent funding round?
Industrial Insulation raised $301K in its most recent funding round.
Who are the lead investors in Industrial Insulation's latest funding round?
The lead investor in Industrial Insulation'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 Industrial Insulation's history?
The largest funding round in Industrial Insulation's history was $301K.
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