How Much Did Francis Torque Service Raise?
Funding & Key Investors

Francis Torque Service has successfully secured a significant capital injection, bringing its total cumulative financing to $755K. This latest infusion, characterized by a $405K strategic investment, underscores the firm's robust position within the industrial services sector. By leveraging this recent backing, the company continues to solidify its market presence, ensuring that its specialized bolting and hydraulic manufacturing capabilities remain at the forefront of the Gulf South energy and construction landscape.

What is Francis Torque Service?

Francis Torque Service
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Established in 1979, Francis Torque Service operates as an ISO 9001-2015 registered entity specializing in high-precision industrial bolting services and the manufacturing of hydraulic torque wrenches. The company provides critical infrastructure support to the drilling production industry, refineries, and large-scale construction sites. With a strategic footprint near New Orleans and Lafayette, Louisiana, the firm delivers a comprehensive suite of technical solutions, including flange facing, pressure testing, and equipment calibration. Their long-standing operational history and commitment to safety standards have established them as a reliable partner for complex industrial maintenance and assembly requirements.

How much funding has Francis Torque Service raised?

Francis Torque Service has raised a total of $755K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$405K

Debt (2020): $350K with participation from PPP

Debt (2021): $405K led by PPP

Key Investors in Francis Torque Service

PPP

Public-Private Partnership

What's next for Francis Torque Service?

With the recent capital deployment, Francis Torque Service is positioned to accelerate its operational scaling and technological integration. The firm is expected to focus on expanding its manufacturing capacity for hydraulic torque tools while enhancing its service delivery model across the Gulf South. By prioritizing cost-effective, high-precision solutions, the company aims to capture additional market share in the refinery and drilling sectors. Future strategic initiatives will likely involve upgrading calibration facilities and optimizing supply chain logistics to meet the evolving demands of industrial clients, thereby reinforcing its status as a leader in specialized bolting services.

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Frequently Asked Questions Regarding Francis Torque Service Financial Insights

What are the most recent funding rounds that Francis Torque Service has completed, and what were the funding rounds?
Francis Torque Service has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Francis Torque Service has raised to date?
Francis Torque Service has raised a total of $755K in funding to date.
How many funding rounds has Francis Torque Service completed?
Francis Torque Service has completed 2 funding rounds.
How much funding did Francis Torque Service raise in its most recent funding round?
Francis Torque Service raised $405K in its most recent funding round.
Who are the lead investors in Francis Torque Service's latest funding round?
The lead investor in Francis Torque Service'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 Francis Torque Service's history?
The largest funding round in Francis Torque Service's history was $405K.
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