How Much Did Alltite Raise?
Funding & Key Investors

Alltite Inc. has secured $1.2M in total capital, with its most recent financing round bringing in $855K in a major strategic investment. This significant backing underscores the company's established presence and strategic importance within its sector.

The company's funding trajectory, marked by a series of debt financings, indicates a focus on operational expansion and asset acquisition. The most recent capital infusion occurred on January 20, 2021.

What is Alltite?

Alltite
Business ServicesResearch & DevelopmentConsumer Services

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:

2020

Debt

$350K

2021

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.

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Frequently Asked Questions Regarding Alltite Financial Insights

What are the most recent funding rounds that Alltite has completed, and what were the funding rounds?
Alltite has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Alltite has raised to date?
Alltite has raised a total of $1.2M in funding to date.
How many funding rounds has Alltite completed?
Alltite has completed 2 funding rounds.
How much funding did Alltite raise in its most recent funding round?
Alltite raised $855K in its most recent funding round.
Who are the lead investors in Alltite's latest funding round?
The lead investor in Alltite'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 Alltite's history?
The largest funding round in Alltite's history was $855K.
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