How Much Did Al's High Tech Raise?
Funding & Key Investors

Al's High Tech has secured $57K in recent financing, contributing to a total funding amount of $57K. This capital infusion marks a significant stage for the company, indicative of a Series B/C level of investment, aimed at driving substantial expansion.

What is Al's High Tech?

Al's High Tech
Consumer ServicesRepair Services

Al's High Tech, Inc., operating under the name Al's Electric Motor Service, is a seasoned provider of repair and servicing for electric motors, pumps, and associated equipment. With a legacy spanning over six decades, the company offers a comprehensive suite of services, including motor testing, rewinding, and on-site diagnostics. They are adept at addressing issues with both foreign and domestic electric motors, providing robust solutions to diagnose and rectify equipment failures for industries in Northeast Ohio.

How much funding has Al's High Tech raised?

Al's High Tech has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for Al's High Tech?

The recent substantial expansion capital signifies Al's High Tech's strategic pivot towards scaling its operations and potentially broadening its service offerings or geographic reach. As a company at a significant Series B/C stage, this investment is likely earmarked for enhancing operational capacity, upgrading technological infrastructure, or expanding its skilled workforce to meet growing market demands for reliable electric motor and pump services.

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Frequently Asked Questions Regarding Al's High Tech Financial Insights

What are the most recent funding rounds that Al's High Tech has completed, and what were the funding rounds?
Al's High Tech has recently completed 1 funding rounds: Debt on Mar 4, 2021.
What is the total amount of funding Al's High Tech has raised to date?
Al's High Tech has raised a total of $57K in funding to date.
How many funding rounds has Al's High Tech completed?
Al's High Tech has completed 1 funding rounds.
How much funding did Al's High Tech raise in its most recent funding round?
Al's High Tech raised $57K in its most recent funding round.
Who are the lead investors in Al's High Tech's latest funding round?
The lead investor in Al's High Tech'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 Al's High Tech's history?
The largest funding round in Al's High Tech's history was $57K.
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