How Much Did Control Technology Raise?
Funding & Key Investors

Control Technology has secured $816K in total capital, with its most recent financing round bringing in $466K through a major strategic investment. This significant backing underscores the company's established presence and its ongoing trajectory in the power and electrical distribution sector.

What is Control Technology?

Control Technology
RetailHome Improvement & Hardware Retail

Control Technology specializes in providing essential power and electrical distribution sales equipment. Its comprehensive product offerings cater to a diverse clientele across industrial, oil and gas, mining, commercial, and residential markets. The company's focus on critical infrastructure solutions positions it as a key player in enabling operational efficiency and reliability for its customers.

How much funding has Control Technology raised?

Control Technology has raised a total of $816K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$466K

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

Debt (2021): $466K led by PPP

What's next for Control Technology?

The recent major strategic investment signals a pivotal moment for Control Technology, likely enabling accelerated growth and market expansion. This enterprise-level funding suggests a strategic focus on scaling operations, enhancing product development, and potentially exploring new market segments or technological advancements within the electrical distribution equipment industry. The company is poised to leverage this capital to solidify its market leadership and drive further innovation.

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Frequently Asked Questions Regarding Control Technology Financial Insights

What are the most recent funding rounds that Control Technology has completed, and what were the funding rounds?
Control Technology has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 3, 2020.
What is the total amount of funding Control Technology has raised to date?
Control Technology has raised a total of $816K in funding to date.
How many funding rounds has Control Technology completed?
Control Technology has completed 2 funding rounds.
How much funding did Control Technology raise in its most recent funding round?
Control Technology raised $466K in its most recent funding round.
Who are the lead investors in Control Technology's latest funding round?
The lead investor in Control Technology'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 Control Technology's history?
The largest funding round in Control Technology's history was $466K.
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