How Much Did Central Time Clock Raise?
Funding & Key Investors

Central Time Clock has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $321K. The most recent injection of $171K underscores the firm's ongoing commitment to scaling its specialized time recording infrastructure. By securing this latest tranche of investment, the company reinforces its operational capacity to serve high-stakes environments, particularly within the financial services sector where precision and regulatory compliance are paramount.

This late-stage capital deployment reflects a deliberate strategy to fortify the company's balance sheet while expanding its footprint in the automated payroll and security management landscape. As the organization matures, this influx of resources provides the necessary liquidity to sustain its competitive edge in a market increasingly defined by the demand for biometric accuracy and OATS-compliant reporting.

What is Central Time Clock?

Central Time Clock
RetailOffice Products Retail & DistributionManufacturing

Central Time Clock, Inc. operates as a critical provider of workforce management and security hardware. The company specializes in sophisticated time and attendance systems, including advanced biometric handpunches and OATS-compliant time stamps. By integrating these technologies, the firm enables financial institutions and large-scale enterprises to automate complex payroll processes, thereby reducing human error and enhancing operational transparency.

Beyond core time-tracking, the company has diversified its portfolio to include guard tour systems, which are essential for managing security personnel in high-security environments. This dual focus on workforce efficiency and physical security positions Central Time Clock as a comprehensive partner for organizations seeking to modernize their internal administrative and safety protocols. Their commitment to reliable, affordable, and secure hardware has established them as a trusted vendor in the enterprise software and hardware ecosystem.

How much funding has Central Time Clock raised?

Central Time Clock has raised a total of $321K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

Debt (2020): $150K with participation from PPP

Debt (2021): $171K led by PPP

Key Investors in Central Time Clock

PPP

Public-Private Partnership

What's next for Central Time Clock?

Looking ahead, Central Time Clock is well-positioned to leverage its recent capital to accelerate product innovation and market penetration. The strategic focus will likely shift toward integrating cloud-based analytics with their existing hardware suite, allowing clients to derive deeper insights from their workforce data. Furthermore, as regulatory requirements for financial reporting continue to evolve, the company's emphasis on OATS compliance provides a significant moat against competitors lacking similar technical rigor.

The company's trajectory suggests a move toward broader enterprise adoption, potentially targeting international markets that require stringent time-tracking standards. By maintaining a focus on superior customer support and high-quality manufacturing, Central Time Clock is poised to capitalize on the growing demand for automated, secure, and scalable workforce management solutions in an increasingly digitized global economy.

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Frequently Asked Questions Regarding Central Time Clock Financial Insights

What are the most recent funding rounds that Central Time Clock has completed, and what were the funding rounds?
Central Time Clock has recently completed 2 funding rounds: Debt on Mar 5, 2021, Debt on May 1, 2020.
What is the total amount of funding Central Time Clock has raised to date?
Central Time Clock has raised a total of $321K in funding to date.
How many funding rounds has Central Time Clock completed?
Central Time Clock has completed 2 funding rounds.
How much funding did Central Time Clock raise in its most recent funding round?
Central Time Clock raised $171K in its most recent funding round.
Who are the lead investors in Central Time Clock's latest funding round?
The lead investor in Central Time Clock'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 Central Time Clock's history?
The largest funding round in Central Time Clock's history was $171K.
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