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

Summit Heating & Cooling has secured $419K in total capital, with its most recent financing round bringing in $269K. This significant investment underscores the company's established presence and ongoing growth trajectory in the HVAC sector. The company's funding history, characterized by large-scale late-stage funding, suggests a mature operational phase focused on scaling and market consolidation.

What is Summit Heating & Cooling?

Summit Heating & Cooling
RetailHome Improvement & Hardware RetailConsumer Services

Summit Heating & Cooling specializes in providing a comprehensive range of water heater solutions, catering to residential needs within the Kansas City area and a 60-mile radius. The company demonstrates proficiency with various water heater types, including tankless, hybrid, and conventional models, and offers servicing for all makes and models. Their expertise extends to leading brands such as AO Smith and Navein. Summit Heating & Cooling prioritizes product quality and customer satisfaction, positioning itself as a reliable provider of essential home comfort systems.

How much funding has Summit Heating & Cooling raised?

Summit Heating & Cooling has raised a total of $419K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$269K

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

Debt (2021): $269K led by PPP

What's next for Summit Heating & Cooling?

The recent strategic investment in Summit Heating & Cooling signals a pivotal moment for the company, likely enabling expansion of services, technological upgrades, or market penetration initiatives. As a company operating in a mature funding stage, this capital infusion is expected to fortify its competitive position and drive operational efficiencies. Future developments may include enhanced product offerings, broader geographic reach, or strategic partnerships to further solidify its market leadership in the HVAC and water heating industry.

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Frequently Asked Questions Regarding Summit Heating & Cooling Financial Insights

What are the most recent funding rounds that Summit Heating & Cooling has completed, and what were the funding rounds?
Summit Heating & Cooling has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Summit Heating & Cooling has raised to date?
Summit Heating & Cooling has raised a total of $419K in funding to date.
How many funding rounds has Summit Heating & Cooling completed?
Summit Heating & Cooling has completed 2 funding rounds.
How much funding did Summit Heating & Cooling raise in its most recent funding round?
Summit Heating & Cooling raised $269K in its most recent funding round.
Who are the lead investors in Summit Heating & Cooling's latest funding round?
The lead investor in Summit 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 Summit Heating & Cooling's history?
The largest funding round in Summit Heating & Cooling's history was $269K.
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