What is Hy-Tech Controls?
Founded in 1983 and headquartered in Cleveland, Hy-Tech Controls has evolved into a premier supplier of sophisticated automation systems and high-quality control panels. The organization operates at the intersection of industrial engineering and advanced manufacturing, providing a comprehensive suite of services that includes custom machine design, field maintenance, and CAD-based technical support. Beyond its core automation offerings, the company maintains a specialized division dedicated to high-tech plastic products, demonstrating a diversified revenue model that caters to a broad spectrum of industrial clients. By prioritizing productivity-enhancing innovations, Hy-Tech Controls remains a critical partner for enterprises seeking to optimize their operational workflows through reliable, high-performance control solutions.
How much funding has Hy-Tech Controls raised?
Hy-Tech Controls has raised a total of $817K across 2 funding rounds:
Debt
$350K
Debt
$467K
Debt (2020): $350K with participation from PPP
Debt (2021): $467K led by PPP
Key Investors in Hy-Tech Controls
PPP
Public-Private Partnership
What's next for Hy-Tech Controls?
With the recent capital deployment, Hy-Tech Controls is positioned to accelerate its strategic initiatives, likely focusing on the modernization of its manufacturing infrastructure and the expansion of its field service capabilities. Given the company's established history and its focus on enterprise-level industrial clients, this funding round provides the necessary runway to scale its custom design services and potentially integrate emerging technologies into its existing automation portfolio. As the industrial sector continues to demand higher levels of precision and efficiency, Hy-Tech Controls is well-equipped to leverage this financial backing to maintain its competitive edge and drive long-term value for its stakeholders.
See full Hy-Tech Controls company page
