How Much Did Electri-Tech Services Raise?
Funding & Key Investors

Electri-Tech Services has secured significant enterprise-level funding, with its total capital raised standing at $2.8M. The company recently announced a major strategic investment, bringing in $1.8M in new financing. This latest capital infusion underscores the growing confidence in Electri-Tech Services's business model and its position within the supply chain and logistics sector.

What is Electri-Tech Services?

Electri-Tech Services
TransportationFreight & Logistics Services

Electri-Tech Services specializes in managing the complex reverse logistics for a substantial volume of display products annually, serving prominent Display and PC manufacturers. As a global procurement leader, the company leverages its extensive worldwide supplier relationships to ensure competitive pricing and maintain supply chain flexibility for its Original Equipment Manufacturer (OEM) clients. Electri-Tech Services's dedicated logistics team offers swift and adaptable services, enabling customers to reduce operational costs and enhance profitability by optimizing carrier selection and freight forwarding strategies.

How much funding has Electri-Tech Services raised?

Electri-Tech Services 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 Electri-Tech Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Electri-Tech Services?

The substantial enterprise-level backing indicates Electri-Tech Services is poised for significant expansion and operational enhancement. This strategic investment is likely to fuel advancements in its reverse logistics capabilities, potentially broadening its service offerings to more manufacturers or deepening its penetration in existing markets. The company's focus on cost reduction and profit enhancement for its OEM customers, combined with its global procurement expertise, positions it for continued growth and leadership in the competitive electronics supply chain.

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Frequently Asked Questions Regarding Electri-Tech Services Financial Insights

What are the most recent funding rounds that Electri-Tech Services has completed, and what were the funding rounds?
Electri-Tech Services has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Electri-Tech Services has raised to date?
Electri-Tech Services has raised a total of $2.8M in funding to date.
How many funding rounds has Electri-Tech Services completed?
Electri-Tech Services has completed 2 funding rounds.
How much funding did Electri-Tech Services raise in its most recent funding round?
Electri-Tech Services raised $1.8M in its most recent funding round.
Who are the lead investors in Electri-Tech Services's latest funding round?
The lead investor in Electri-Tech Services'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 Electri-Tech Services's history?
The largest funding round in Electri-Tech Services's history was $1.8M.
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