What is Loryco?
Loryco Hose & Fitting Solutions specializes in delivering a wide array of hose and fitting solutions tailored for hydraulic, industrial, pneumatic, and chemical applications. The company maintains an extensive inventory of hoses, fittings, adapters, and couplings to meet diverse hydraulic assembly requirements. Complementing its product offerings, Loryco provides essential on-location hose replacement and cylinder repair services, catering to industries and equipment operators who depend on robust and reliable hydraulic systems.
How much funding has Loryco raised?
Loryco has raised a total of $16K across 1 funding round:
Debt
$16K
Debt (2021): $16K with participation from PPP
Key Investors in Loryco
PPP
Public-Private Partnership
What's next for Loryco?
With the recent influx of moderate growth capital, Loryco is poised to further solidify its market position. The company's strategic focus will likely involve expanding its service capabilities, potentially enhancing its on-location repair fleet, and broadening its inventory to encompass a wider range of specialized fittings and hoses. This investment is expected to fuel operational efficiencies and support Loryco's expansion into new industrial segments requiring advanced hydraulic solutions.
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