How Much Did Nitroset Raise?
Funding & Key Investors

Nitroset, LLC has secured $89K in total funding, with a recent capital infusion of $89K announced on March 23, 2021. This substantial expansion capital marks a significant milestone for the company, underscoring its strategic position in the market.

What is Nitroset?

Nitroset
ManufacturingHand, Power & Lawn-care ToolsHome Improvement & Hardware Retail

Nitroset, LLC specializes in solid propellant fastening systems, offering innovative tools like the Nitroset 805 and 801, alongside a variety of fasteners and part kits. Their proprietary tool design enables efficient fastening into challenging materials such as hard concrete and structural steel, eliminating the need for multiple tools or external power sources. The company primarily serves trades including electrical, acoustic, and HVAC, aiming to boost productivity by streamlining the fastening process. Nitroset also provides comprehensive support, including product registration, maintenance guides, and access to a technical library.

How much funding has Nitroset raised?

Nitroset has raised a total of $89K across 1 funding round:

2021

Debt

$89K

Debt (2021): $89K with participation from PPP

Key Investors in Nitroset

PPP

Public-Private Partnership

What's next for Nitroset?

With significant Series B/C stage funding, Nitroset is poised for accelerated growth and market penetration. The recent substantial expansion capital is likely to fuel further product development, enhance manufacturing capabilities, and broaden its distribution network. This strategic investment will enable Nitroset to solidify its competitive advantage in the fastening systems industry, potentially exploring new applications and markets for its innovative technology.

See full Nitroset company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingTextiles & ApparelApparel & Accessories RetailRetail
Industrial Machinery & EquipmentManufacturing
Chemicals & Related ProductsManufacturingBuilding Materials
Building MaterialsManufacturing

Frequently Asked Questions Regarding Nitroset Financial Insights

What are the most recent funding rounds that Nitroset has completed, and what were the funding rounds?
Nitroset has recently completed 1 funding rounds: Debt on Mar 23, 2021.
What is the total amount of funding Nitroset has raised to date?
Nitroset has raised a total of $89K in funding to date.
How many funding rounds has Nitroset completed?
Nitroset has completed 1 funding rounds.
How much funding did Nitroset raise in its most recent funding round?
Nitroset raised $89K in its most recent funding round.
Who are the lead investors in Nitroset's latest funding round?
The lead investor in Nitroset'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 Nitroset's history?
The largest funding round in Nitroset's history was $89K.
See more information about Nitroset