What is Drill-Tech?
Drill-Tech, based in Chino Valley, AZ, is a seasoned provider of water well drilling and pump services, serving a broad clientele across Arizona and the Southwestern United States. Leveraging over 80 years of combined expertise, the company excels in diverse drilling methodologies and operates a specialized pump division with more than three decades of experience. Drill-Tech is committed to delivering high-quality, cost-effective solutions to both commercial and residential customers, with a particular focus on the quad cities area of Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt. The company holds licenses in multiple states, reinforcing its reputation for reliability and customer satisfaction.
How much funding has Drill-Tech raised?
Drill-Tech has raised a total of $973K across 2 funding rounds:
Debt
$350K
Debt
$623K
Debt (2020): $350K with participation from PPP
Debt (2021): $623K led by PPP
Key Investors in Drill-Tech
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Drill-Tech?
The recent major strategic investment signifies a pivotal moment for Drill-Tech, likely enabling expansion of its service capabilities, technological upgrades, or geographic reach. As a company with deep roots and extensive experience, this capital infusion is expected to fuel further development and solidify its market leadership in the competitive water infrastructure and services industry. The focus on strategic investment suggests a forward-looking approach to enhancing operational efficiency and client service.
See full Drill-Tech company page
