How Much Did Thermal Solutions Raise?
Funding & Key Investors

Thermal Solutions has secured significant capital, with the total funding amount reaching $394K and a recent strategic investment of $244K announced on February 6, 2021. This latest financing round underscores the company's established presence and growth trajectory in the competitive HVAC market.

What is Thermal Solutions?

Thermal Solutions
ConstructionConstruction ManagementConsumer Services

Thermal Solutions specializes in providing comprehensive solutions for residential heating and air conditioning systems. The company offers a wide array of services, including the installation of conventional and non-conventional systems such as heat pumps and water source heat pumps. They are adept at updating clients on the latest efficiency ratings, heating options, and control capabilities, ensuring optimal home comfort and energy cost savings. Thermal Solutions also performs detailed load calculations to customize new units to a home's exact specifications and measures airflow to address temperature inconsistencies in different rooms.

How much funding has Thermal Solutions raised?

Thermal Solutions has raised a total of $394K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$244K

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

Debt (2021): $244K led by PPP

What's next for Thermal Solutions?

The substantial late-stage funding and recent major strategic investment indicate that Thermal Solutions is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their service offerings, potentially including the integration of smart home technology and further optimization of energy efficiency solutions. The company's focus on customized installations and energy cost reduction positions it well to capitalize on increasing consumer demand for sustainable and comfortable home environments.

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Frequently Asked Questions Regarding Thermal Solutions Financial Insights

What are the most recent funding rounds that Thermal Solutions has completed, and what were the funding rounds?
Thermal Solutions has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Thermal Solutions has raised to date?
Thermal Solutions has raised a total of $394K in funding to date.
How many funding rounds has Thermal Solutions completed?
Thermal Solutions has completed 2 funding rounds.
How much funding did Thermal Solutions raise in its most recent funding round?
Thermal Solutions raised $244K in its most recent funding round.
Who are the lead investors in Thermal Solutions's latest funding round?
The lead investor in Thermal Solutions'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 Thermal Solutions's history?
The largest funding round in Thermal Solutions's history was $244K.
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