What is Hardware Tech?
Hardware Tech, also known as HTI, has established itself as a comprehensive supplier and installer for Division 8 (Commercial Doors, Frames, and Hardware) and Division 10 Specialties. With over 30 years of industry experience, the company prides itself on rapid turnaround times, often delivering standard-sized commercial doors and hardware in under 10 working days. HTI maintains a substantial inventory, enabling it to supply and install a wide range of products, including hinges, locksets, door closers, and weather-stripping. Expanding its offerings in the late 1990s, HTI became a one-stop shop by incorporating Division 10 products such as toilet accessories, partitions, metal access doors, and fire protection equipment. Further enhancing its service portfolio in early 2012, Hardware Tech added a full-service locksmith operation. This expansion allows for in-house master key system creation, high-security lock services, and efficient key cutting, all while adhering to a high code of ethics as a licensed and bonded member of the Associated Locksmiths of America.
How much funding has Hardware Tech raised?
Hardware Tech has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Hardware Tech
PPP
Public-Private Partnership
What's next for Hardware Tech?
The substantial large-scale late-stage funding indicates Hardware Tech is poised for significant expansion and operational enhancement. This strategic investment will likely fuel further development of its integrated service model, potentially expanding its locksmith capabilities, increasing inventory for faster project completion, and broadening its reach within the commercial construction and maintenance sectors. The company's focus on rapid response and a comprehensive product/service offering positions it for continued growth and market leadership in providing essential building components and security solutions.
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