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How Much Did Drilformance Raise?
Funding & Key Investors

Drilformance, an international performance drilling technology company, has secured $2.8M in total capital, with its most recent financing round bringing in $1.8M. This major strategic investment underscores the company's significant enterprise-level funding trajectory.

What is Drilformance?

Drilformance
ManufacturingIndustrial Machinery & Equipment

Founded in 2009 and headquartered in Houston, Texas, Drilformance specializes in performance drilling technology. The company distinguishes itself through engineered-to-application design, highly optimized CNC programming, and proprietary methods, positioning it as a key player in the advanced drilling solutions market.

How much funding has Drilformance raised?

Drilformance has raised a total of $2.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.8M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.8M led by PPP

Key Investors in Drilformance

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Drilformance?

The substantial enterprise-level funding and recent strategic investment indicate a pivotal growth phase for Drilformance. This capital infusion is expected to fuel further technological development, market expansion, and operational enhancements, solidifying its competitive edge in the performance drilling sector.

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Frequently Asked Questions Regarding Drilformance Financial Insights

What are the most recent funding rounds that Drilformance has completed, and what were the funding rounds?
Drilformance has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 6, 2020. What is the total amount of funding Drilformance has raised to date?
Drilformance has raised a total of $2.8M in funding to date. How many funding rounds has Drilformance completed?
Drilformance has completed 2 funding rounds. How much funding did Drilformance raise in its most recent funding round?
Drilformance raised $1.8M in its most recent funding round. Who are the lead investors in Drilformance's latest funding round?
The lead investor in Drilformance'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 Drilformance's history?
The largest funding round in Drilformance's history was $1.8M.
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