How Much Did Innovative Air Raise?
Funding & Key Investors

Innovative Air has secured $811K in total capital, with its most recent financing round bringing in $461K. This major enterprise-level funding, coupled with a recent strategic investment, signals a significant phase of growth for the Nevada-based construction mechanical contractor.

What is Innovative Air?

Innovative Air
ConstructionConstruction Management

Innovative Air, headquartered in the Las Vegas and Henderson, Nevada area, operates as a specialized construction mechanical contractor serving commercial and institutional clients. Since its inception in 2009, the company has focused on HVAC design, installation, and maintenance. Its expertise spans a wide array of project types, including tenant improvements, new construction, and facility upgrades for sectors such as healthcare, dental, religious, and specialized industrial applications. Innovative Air collaborates with prominent general contractors and project developers, demonstrating a robust track record in complex projects. The company prides itself on a team of approximately 40 employees and attributes its exceptionally low employee turnover to competitive pricing and consistent workflow, fostering employee satisfaction. Key competitive advantages include deep operational expertise across the mechanical contracting lifecycle, with ownership and project management teams possessing extensive hands-on experience from installation to project delivery on multimillion-dollar engagements. The lead estimator's decade-plus experience in HVAC equipment sourcing further bolsters accurate project scoping and cost control. Core operational principles emphasize quality workmanship, transparency, and integrity, cultivating long-term client relationships through reliable execution.

How much funding has Innovative Air raised?

Innovative Air has raised a total of $811K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$461K

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

Debt (2021): $461K led by PPP

What's next for Innovative Air?

The substantial enterprise-level funding and recent strategic investment position Innovative Air for accelerated expansion and enhanced operational capabilities. This capital infusion is expected to fuel further development in its core HVAC services, potentially enabling the company to take on larger-scale projects and broaden its market reach within the Southwest region. The company's established reputation for quality, transparency, and integrity, combined with its experienced team and low employee turnover, provides a strong foundation for leveraging this new financing to solidify its market position and pursue new strategic opportunities in the commercial and institutional construction sectors.

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Frequently Asked Questions Regarding Innovative Air Financial Insights

What are the most recent funding rounds that Innovative Air has completed, and what were the funding rounds?
Innovative Air has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Innovative Air has raised to date?
Innovative Air has raised a total of $811K in funding to date.
How many funding rounds has Innovative Air completed?
Innovative Air has completed 2 funding rounds.
How much funding did Innovative Air raise in its most recent funding round?
Innovative Air raised $461K in its most recent funding round.
Who are the lead investors in Innovative Air's latest funding round?
The lead investor in Innovative 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 Innovative Air's history?
The largest funding round in Innovative Air's history was $461K.
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