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

Al's High Tech has secured $57K in total financing, with a recent capital infusion of $57K marking a significant Series B/C stage for the company. This substantial expansion capital underscores investor confidence in Al's High Tech's established market position and future growth potential.

What is Al's High Tech?

Al's High Tech
Consumer ServicesRepair Services

Al's High Tech, Inc., operating as Al's Electric Motor Service, is a seasoned provider of electric motor, pump, and related equipment repair and servicing. With over six decades of industry experience, the company offers a comprehensive suite of solutions, including motor testing, rewinding, and on-site diagnostics. Al's High Tech caters to a diverse clientele, particularly within industries in Northeast Ohio that depend on the reliable performance of both foreign and domestic electric motors and pumps. Their expertise lies in identifying and resolving equipment failures, ensuring operational continuity for their clients.

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

Key Investors in Al's High Tech

PPP

Public-Private Partnership

What's next for Al's High Tech?

The recent influx of substantial expansion capital positions Al's High Tech for significant growth and operational enhancement. This strategic investment is likely to fuel initiatives aimed at expanding service capabilities, potentially investing in advanced diagnostic technologies, and broadening their market reach within Northeast Ohio and beyond. The company's strong foundation, built over 60 years, combined with this new financing, suggests a trajectory focused on solidifying its leadership in the electric motor and pump servicing sector and potentially exploring new service verticals or technological integrations to meet evolving industrial demands.

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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.
See more information about Al's High Tech