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CIT Relay & Switch breadcrumbs-arrow CIT Relay & Switch Financial Insights

How Much Did CIT Relay & Switch Raise?
Funding & Key Investors

CIT Relay & Switch has secured $350K in total funding, with its most recent financing round bringing in $350K through a major strategic investment. This significant capital infusion underscores the company's established position in the market and its potential for continued expansion.

What is CIT Relay & Switch?

CIT Relay & Switch
ManufacturingElectronics

CIT Relay & Switch is a prominent manufacturer specializing in thru-hole and surface mount switches and relays. The company serves a diverse range of critical industries, including automotive, telecommunications, security, and industrial applications, as well as the audio sector. Headquartered in Rogers, Minnesota, CIT Relay & Switch has built a reputation for providing essential components that underpin complex electronic systems across these varied markets.

How much funding has CIT Relay & Switch raised?

CIT Relay & Switch has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in CIT Relay & Switch

PPP

Public-Private Partnership

What's next for CIT Relay & Switch?

The recent large-scale, late-stage funding marks a pivotal moment for CIT Relay & Switch, signaling a strategic push for accelerated growth and market penetration. This investment is likely to fuel advancements in product development, enhance manufacturing capabilities, and potentially expand the company's global reach. As a key player in supplying components for essential industries, the company is well-positioned to leverage this capital to solidify its market leadership and explore new technological frontiers in switch and relay innovation.

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Frequently Asked Questions Regarding CIT Relay & Switch Financial Insights

What are the most recent funding rounds that CIT Relay & Switch has completed, and what were the funding rounds?
CIT Relay & Switch has recently completed 1 funding rounds: Debt on Apr 9, 2020. What is the total amount of funding CIT Relay & Switch has raised to date?
CIT Relay & Switch has raised a total of $350K in funding to date. How many funding rounds has CIT Relay & Switch completed?
CIT Relay & Switch has completed 1 funding rounds. How much funding did CIT Relay & Switch raise in its most recent funding round?
CIT Relay & Switch raised $350K in its most recent funding round. Who are the lead investors in CIT Relay & Switch's latest funding round?
The lead investor in CIT Relay & Switch'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 CIT Relay & Switch's history?
The largest funding round in CIT Relay & Switch's history was $350K.
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