'The broader home services market represents a significant, untapped opportunity for growth.'

Student recipients receive a $3,500 award and up to six awards will be granted annually and can be renewed for up to three additional years or until the training program is complete

The average annualized growth for the 12 months through September 2018 is 9.8 percent.

In 1998, Burnett and Bruce Wiseman formed BDR l to empower HVAC businesses.

The $165 million venture capital raise is based on a valuation for the company at $1.65 billion.