How Much Did Broach Raise?
Funding & Key Investors

Broach, a manufacturer of custom API 560 fired heaters and waste heat recovery systems, has secured $350K in total funding, with its most recent capital injection of $350K occurring on April 6, 2020. This major strategic investment, part of a large-scale late-stage funding round, underscores the company's established presence and growth trajectory in the refining and petrochemical industries.

What is Broach?

Broach
ManufacturingIndustrial Machinery & Equipment

Established in 1960, The G.C. Broach Company is a family-owned business specializing in the fabrication of custom API 560 fired heaters, waste heat recovery units, waste heat boilers, and heat recovery steam generators. With over six decades of experience, Broach serves the refining and petrochemical sectors, emphasizing innovative design and high-quality manufacturing. The company has built a strong reputation for reliability and excellence in process heating equipment, offering tailored solutions to meet specific client needs.

How much funding has Broach raised?

Broach has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Broach

PPP

Public-Private Partnership

What's next for Broach?

The recent major strategic investment signifies a period of accelerated growth and development for Broach. As a company operating in a critical industrial sector, this capital infusion is expected to support operational scaling, enhance manufacturing capabilities, and potentially drive further innovation in energy efficiency and emissions control technologies. Broach's forward-looking strategy will likely focus on leveraging its expertise to meet evolving industry demands and solidify its market leadership in specialized heat transfer solutions.

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Frequently Asked Questions Regarding Broach Financial Insights

What are the most recent funding rounds that Broach has completed, and what were the funding rounds?
Broach has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Broach has raised to date?
Broach has raised a total of $350K in funding to date.
How many funding rounds has Broach completed?
Broach has completed 1 funding rounds.
How much funding did Broach raise in its most recent funding round?
Broach raised $350K in its most recent funding round.
Who are the lead investors in Broach's latest funding round?
The lead investor in Broach'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 Broach's history?
The largest funding round in Broach's history was $350K.
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