How Much Did Mattracks Raise?
Funding & Key Investors

Mattracks has secured $968K in total enterprise-level funding, with its most recent financing round bringing in $618K in a major strategic investment. This latest capital infusion, dated January 21, 2021, underscores the company's significant growth trajectory and its established position in the market.

What is Mattracks?

Mattracks
ManufacturingAutomotive Parts

Established in 1995, Mattracks is a leading manufacturer of rubber track conversion systems, offering over 100 different models. These advanced mobility solutions are engineered for demanding off-road applications across industrial, commercial, and recreational sectors, providing unparalleled performance in extreme terrain. The company's focus on robust engineering and versatile product lines positions it as a key player in specialized vehicle components.

How much funding has Mattracks raised?

Mattracks has raised a total of $968K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$618K

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

Debt (2021): $618K led by PPP

Key Investors in Mattracks

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Mattracks?

The recent strategic investment signifies a pivotal moment for Mattracks, likely enabling further expansion of its manufacturing capabilities, research and development into next-generation track systems, and broader market penetration. This backing suggests confidence from investors in Mattracks' business model and its potential for continued innovation and market leadership in off-road mobility solutions. Future growth may involve exploring new industry verticals or enhancing the technological sophistication of its existing product range.

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Frequently Asked Questions Regarding Mattracks Financial Insights

What are the most recent funding rounds that Mattracks has completed, and what were the funding rounds?
Mattracks has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Mattracks has raised to date?
Mattracks has raised a total of $968K in funding to date.
How many funding rounds has Mattracks completed?
Mattracks has completed 2 funding rounds.
How much funding did Mattracks raise in its most recent funding round?
Mattracks raised $618K in its most recent funding round.
Who are the lead investors in Mattracks's latest funding round?
The lead investor in Mattracks'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 Mattracks's history?
The largest funding round in Mattracks's history was $618K.
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