Watsco Ventures' mission is to help HVAC/R contractors grow their businesses profitably by building a portfolio of innovative products and services through incubation, strategic investments, partnerships and acquisitions. Watsco Ventures is a division of Watsco, Inc., the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the HVAC/R distribution industry. Operating from more than 570 locations across 37 U.S. states, Canada, Mexico and Puerto Rico with additional market coverage on an export basis to portions of Latin America and the Caribbean, Watsco’s revenues in 2018 were $4.5 Billion.