What is Alltite?
Founded in 2003 and headquartered in Wichita, KS, Alltite Inc. is a provider of calibration services, equipment, and training across various industries. The company's comprehensive offerings include hydraulic and pneumatic torque wrenches, onsite mobile calibrations, customer bolting support, stud tensioners, and online tool documentation. Alltite positions itself as a key partner for businesses requiring precise calibration and bolting solutions, supporting operational integrity and efficiency.
How much funding has Alltite raised?
Alltite has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$855K
Debt (2020): $350K with participation from PPP
Debt (2021): $855K led by PPP
Key Investors in Alltite
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in the company's funding rounds. Specifics about their investment strategy or sector focus remain private.
What's next for Alltite?
The recent major strategic investment suggests Alltite is poised for further growth and market penetration. This capital infusion is likely to fuel advancements in service offerings, technological integration, and potentially geographic expansion. The company's consistent reliance on debt financing points towards a strategy of leveraging financial instruments for sustained operational development and asset enhancement, positioning it for continued enterprise-level success.
See full Alltite company page