How Much Did OttLite Technologies Raise?
Funding & Key Investors

OttLite Technologies has secured $350K in total capital, with a recent strategic investment of $350K. This significant backing underscores the company's established position in the healthy lighting solutions market, particularly following its large-scale late-stage funding round.

What is OttLite Technologies?

OttLite Technologies
ManufacturingFurnitureRetail

Founded in 1989 by Dr. John Nash Ott, OttLite Technologies is a pioneer in natural daylight illumination products. The company specializes in developing lighting solutions designed to enhance visibility and comfort for detailed activities such as crafting, sewing, and reading. OttLite's commitment to healthy lighting is evident in its proprietary ClearSun LED and Sanitizing Technologies, aimed at reducing eyestrain and improving user well-being and productivity. Their diverse product range serves both home and office environments, catering to a discerning clientele seeking advanced lighting technology.

How much funding has OttLite Technologies raised?

OttLite Technologies has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in OttLite Technologies

PPP

Public-Private Partnership

What's next for OttLite Technologies?

The recent strategic investment signals a phase of accelerated growth and market expansion for OttLite Technologies. This capital infusion is expected to fuel further innovation in their healthy lighting solutions, potentially expanding their product lines and reaching new customer segments. The company's focus on eye comfort and well-being aligns with growing consumer awareness of the impact of lighting on health, positioning OttLite for sustained development and market leadership in the specialized lighting sector.

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Frequently Asked Questions Regarding OttLite Technologies Financial Insights

What are the most recent funding rounds that OttLite Technologies has completed, and what were the funding rounds?
OttLite Technologies has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding OttLite Technologies has raised to date?
OttLite Technologies has raised a total of $350K in funding to date.
How many funding rounds has OttLite Technologies completed?
OttLite Technologies has completed 1 funding rounds.
How much funding did OttLite Technologies raise in its most recent funding round?
OttLite Technologies raised $350K in its most recent funding round.
Who are the lead investors in OttLite Technologies's latest funding round?
The lead investor in OttLite Technologies'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 OttLite Technologies's history?
The largest funding round in OttLite Technologies's history was $350K.
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