What is Drill-Tech?
Based in Chino Valley, Arizona, Drill-Tech operates as a premier provider of water well drilling and pump installation services. With a legacy spanning over eight decades of combined technical experience, the company has established a dominant market position serving both commercial and residential clients throughout the quad-city area. Their service portfolio encompasses advanced drilling techniques and a dedicated pump division, supported by multi-state licensing that facilitates high-quality, reliable water access solutions. The firm is recognized for its commitment to affordability and technical precision, making it a critical player in the regional infrastructure landscape.
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
What's next for Drill-Tech?
With the infusion of this recent capital, Drill-Tech is expected to scale its operational capacity and potentially expand its service reach beyond its current Arizona stronghold. The strategic allocation of these funds will likely focus on upgrading heavy machinery, enhancing the pump division's technological capabilities, and optimizing service delivery models to meet the increasing demand for sustainable water management. As the company navigates this growth phase, the focus remains on maintaining the high standards of customer satisfaction that have defined its reputation for over 80 years, while simultaneously exploring new market opportunities in the broader Southwest region.
See full Drill-Tech company page
