How Much Did Morris Heating & Cooling Raise?
Funding & Key Investors

Morris Heating & Cooling has secured $1.1M in total capital, with a recent strategic investment of $789K announced on January 26, 2021. This significant financing underscores the company's established presence and growth trajectory in the HVAC and related services sector.

What is Morris Heating & Cooling?

Morris Heating & Cooling
ConstructionConstruction ManagementConsumer Services

Morris Heating & Cooling Inc. is a comprehensive provider of commercial and residential HVAC, refrigeration, electrical, and kitchen services, operating across Kentucky, Ohio, and Indiana. With over three decades of experience, the company serves a substantial client base of more than 5,000, managing upwards of 100 projects annually. Their service offerings encompass emergency repairs, routine maintenance, new installations, and a specialized Preventative Maintenance Plan designed to optimize system efficiency and reduce operational costs for clients. This commitment to quality solutions and exceptional service positions Morris Heating & Cooling as a key player in its service regions.

How much funding has Morris Heating & Cooling raised?

Morris Heating & Cooling has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$789K

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

Debt (2021): $789K led by PPP

What's next for Morris Heating & Cooling?

The recent major strategic investment, coupled with the overall enterprise-level funding, signals a period of accelerated expansion and service enhancement for Morris Heating & Cooling. This capital infusion is likely to support the company's ongoing efforts to broaden its service area, upgrade its technological capabilities, and potentially expand its portfolio of services. The focus on preventative maintenance suggests a strategy aimed at solidifying recurring revenue streams and deepening client relationships, positioning the company for sustained growth and market leadership in the competitive HVAC and facility services industry.

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Frequently Asked Questions Regarding Morris Heating & Cooling Financial Insights

What are the most recent funding rounds that Morris Heating & Cooling has completed, and what were the funding rounds?
Morris Heating & Cooling has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Morris Heating & Cooling has raised to date?
Morris Heating & Cooling has raised a total of $1.1M in funding to date.
How many funding rounds has Morris Heating & Cooling completed?
Morris Heating & Cooling has completed 2 funding rounds.
How much funding did Morris Heating & Cooling raise in its most recent funding round?
Morris Heating & Cooling raised $789K in its most recent funding round.
Who are the lead investors in Morris Heating & Cooling's latest funding round?
The lead investor in Morris Heating & Cooling'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 Morris Heating & Cooling's history?
The largest funding round in Morris Heating & Cooling's history was $789K.
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