How Much Did Devtech Sales Raise?
Funding & Key Investors

Devtech Sales has secured $150K in total capital, with its most recent funding round bringing in $150K. This significant strategic investment underscores the company's established position in the gas industry's measurement and control solutions sector. The company's funding history, which includes a debt financing of $150M on April 15, 2020, indicates a trajectory of sustained financial backing for its operations and growth initiatives.

What is Devtech Sales?

Devtech Sales
RetailOffice Products Retail & DistributionHome Improvement & Hardware Retail

Devtech Sales, Inc., based in Florida, operates as a key distributor of measurement and control solutions tailored for the gas industry. Established in 1977, the company has built a strong reputation as the Southeast's premier provider of engineered equipment. Devtech serves natural gas, power, and industrial clients with a comprehensive product portfolio that includes gas meters, valves, odorizers, filters, instruments, flow correctors, flow computers, gauges, gate stations, meter/regulator skids, and automatic meter reading systems. Their commitment lies in delivering high-quality, customized solutions to meet diverse customer requirements.

How much funding has Devtech Sales raised?

Devtech Sales has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Devtech Sales?

With a substantial capital base and a recent strategic investment, Devtech Sales is well-positioned for its next phase of expansion. The large-scale, late-stage funding suggests a focus on scaling operations, potentially through market penetration, product development, or strategic acquisitions within the measurement and control solutions domain. This financial backing will likely enable Devtech to enhance its service offerings and solidify its leadership in serving the natural gas, power, and industrial sectors.

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Frequently Asked Questions Regarding Devtech Sales Financial Insights

What are the most recent funding rounds that Devtech Sales has completed, and what were the funding rounds?
Devtech Sales has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Devtech Sales has raised to date?
Devtech Sales has raised a total of $150K in funding to date.
How many funding rounds has Devtech Sales completed?
Devtech Sales has completed 1 funding rounds.
How much funding did Devtech Sales raise in its most recent funding round?
Devtech Sales raised $150K in its most recent funding round.
Who are the lead investors in Devtech Sales's latest funding round?
The lead investor in Devtech Sales'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 Devtech Sales's history?
The largest funding round in Devtech Sales's history was $150K.
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