How Much Did Mattracks Raise?
Funding & Key Investors

Mattracks has secured $968K in total capital, with its most recent financing round bringing in $618K in a major strategic investment. This significant backing underscores the company's established presence and its ongoing strategic initiatives within its market sector.

What is Mattracks?

Mattracks
ManufacturingAutomotive Parts

Established in 1995, Mattracks specializes in the manufacturing of over 100 distinct models of rubber track conversion systems. These mobility solutions are engineered for demanding off-road applications across industrial, commercial, and recreational markets, providing robust performance in extreme terrain. The company's focus on specialized, high-durability track systems positions it as a key player in niche off-road mobility.

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

What's next for Mattracks?

The recent major strategic investment indicates a phase of scaling or significant operational expansion for Mattracks. This capital infusion is likely to fuel advancements in product development, enhance manufacturing capabilities, and potentially broaden market reach. The company's trajectory suggests a focus on solidifying its leadership in specialized off-road mobility solutions and exploring new applications for its advanced track systems.

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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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