How Much Did Additech Raise?
Funding & Key Investors

Additech, Inc. has solidified its position as a dominant force in the retail technology sector, having secured a cumulative $27M in capital throughout its operational history. The company's most recent financial milestone, a $350K major strategic investment, underscores its ongoing commitment to scaling its proprietary at-the-pump interactive merchandising infrastructure across North America.

This capital trajectory reflects a robust growth strategy, transitioning from initial seed-stage backing to sophisticated debt financing, ensuring the firm maintains its competitive edge in the fuel retail market.

What is Additech?

Additech
ManufacturingTest & Measurement Equipment

Headquartered in Houston, Texas, Additech, Inc. serves as the premier outsourced operator of interactive merchandising systems integrated directly into fuel dispensers. By deploying patented technology across more than 1,400 fueling positions, the company enables retailers to monetize the consumer experience at the pump. Additech operates on a turnkey service model, managing the manufacturing, installation, and maintenance of equipment, which allows fuel retailers to capture incremental revenue streams without the burden of operational overhead. This unique value proposition has positioned the firm as an essential partner for retailers seeking to optimize engine performance product sales and consumer engagement.

How much funding has Additech raised?

Additech has raised a total of $27M across 7 funding rounds:

2005

Angel/Seed

$10M

2006

Other Financing Round

$6M

2008

Unspecified

$2.3M

2010

Other Financing Round

$4.6M

2012

Other Financing Round

$1.9M

2013

Other Financing Round

$1.8M

2020

Debt

$350K

Angel/Seed (2005): $10M with participation from BEV Capital

Other Financing Round (2006): $6M led by Adams Capital Management and BEV Capital

Unspecified (2008): $2.3M, investors not publicly disclosed

Other Financing Round (2010): $4.6M featuring Adams Capital Management and BEV Capital

Other Financing Round (2012): $2M backed by Trinity Capital Investment

Other Financing Round (2013): $1.8M with participation from Trinity Capital Investment

Debt (2020): $350K led by PPP

Key Investors in Additech

BEV Capital

A specialized venture capital fund focused on consumer-oriented businesses, including retail IT, internet technologies, and supporting services for consumer companies.

Adams Capital Management

A Pittsburgh-based venture capital firm that focuses on early-stage applied technology investments and networking infrastructure to assist companies in achieving market leadership.

Trinity Capital Investment

An international alternative asset manager providing financial solutions such as equipment financing and asset-based lending tailored to the growth stages of high-growth companies.

What's next for Additech?

With the support of its long-term financial partners, Additech is well-positioned to further penetrate the North American fuel retail landscape. The recent infusion of capital provides the necessary liquidity to enhance its existing technology stack and expand its footprint in high-traffic retail environments. As the company continues to refine its merchandising algorithms and point-of-sale integrations, it remains focused on driving operational efficiency for its partners. Future strategic initiatives will likely center on scaling its service-based model to accommodate evolving consumer behaviors and the increasing demand for digital interaction at the point of transaction.

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Frequently Asked Questions Regarding Additech Financial Insights

What are the most recent funding rounds that Additech has completed, and what were the funding rounds?
Additech has recently completed 3 funding rounds: Debt on Apr 14, 2020, Other Financing Round on Sep 9, 2013, Other Financing Round on Sep 10, 2012.
What is the total amount of funding Additech has raised to date?
Additech has raised a total of $27M in funding to date.
How many funding rounds has Additech completed?
Additech has completed 3 funding rounds.
How much funding did Additech raise in its most recent funding round?
Additech raised $350K in its most recent funding round.
Who are the lead investors in Additech's latest funding round?
The lead investor in Additech'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 Additech's history?
The largest funding round in Additech's history was $10M.
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