How Much Did New York Heating Raise?
Funding & Key Investors

New York Heating has secured $817K in total capital, with its most recent financing round bringing in $467K. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion within the competitive HVAC services market.

What is New York Heating?

New York Heating
ConstructionConstruction ManagementConsumer Services

New York Heating Corp. is a comprehensive heating and cooling contractor headquartered in Brooklyn, NY, with over three decades of experience delivering expert HVAC solutions. The company serves a diverse clientele across residential, commercial, and industrial sectors throughout the New York metropolitan area. Their service portfolio encompasses heating and cooling repairs, new HVAC installations, plumbing systems, and crucial assistance with regulatory compliance. New York Heating is recognized for its focus on energy-efficient technologies, including advanced boilers and burners, and offers specialized mobile heating and hot water trailer services. The firm has cultivated a strong reputation for dependable service and high-quality craftsmanship, prioritizing customer satisfaction.

How much funding has New York Heating raised?

New York Heating has raised a total of $817K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$467K

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

Debt (2021): $467K led by PPP

Key Investors in New York Heating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for New York Heating?

The substantial enterprise-level funding and recent strategic investment indicate New York Heating is poised for significant growth and operational enhancement. This capital infusion is likely to fuel expansion into new service areas, bolster technological adoption for greater energy efficiency, and potentially increase fleet capacity for mobile services. The company's established presence and commitment to quality suggest a strategic focus on solidifying its market leadership and exploring opportunities for further service diversification or geographic reach. Future developments may involve integrating advanced smart-home HVAC technologies or expanding their industrial client base.

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Frequently Asked Questions Regarding New York Heating Financial Insights

What are the most recent funding rounds that New York Heating has completed, and what were the funding rounds?
New York Heating has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 28, 2020.
What is the total amount of funding New York Heating has raised to date?
New York Heating has raised a total of $817K in funding to date.
How many funding rounds has New York Heating completed?
New York Heating has completed 2 funding rounds.
How much funding did New York Heating raise in its most recent funding round?
New York Heating raised $467K in its most recent funding round.
Who are the lead investors in New York Heating's latest funding round?
The lead investor in New York Heating'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 New York Heating's history?
The largest funding round in New York Heating's history was $467K.
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