How Much Did Positive Lock Raise?
Funding & Key Investors

Positive Lock has secured $79K in total financing, with its most recent capital infusion of $79K designated for substantial expansion. This funding round, occurring on March 20, 2021, was a debt financing arrangement, reflecting a strategic move to fuel growth at a significant Series B/C stage of the company's lifecycle.

What is Positive Lock?

Positive Lock
ManufacturingIndustrial Machinery & Equipment

Positive Lock Inc. is a specialized provider of advanced locking solutions catering to residential, business, and industrial markets. The company's comprehensive product portfolio includes innovative security systems such as TH(ELD) Lock, TH Lock, THP Lock, THPA Lock, and Delayed Egress (TDL) systems. Positive Lock is committed to delivering tailored security solutions designed to meet the diverse and evolving needs of its clientele, emphasizing robust protection and technological integration in its offerings.

How much funding has Positive Lock raised?

Positive Lock has raised a total of $79K across 1 funding round:

2021

Debt

$79K

Debt (2021): $79K with participation from PPP

Key Investors in Positive Lock

PPP

Public-Private Partnership

What's next for Positive Lock?

With the recent influx of substantial expansion capital, Positive Lock is poised for significant growth and market penetration. The company's strategic focus will likely involve scaling its operations, enhancing its product development pipeline for next-generation locking technologies, and broadening its market reach across its target sectors. This investment underscores investor confidence in Positive Lock's business model and its capacity to innovate within the competitive security solutions landscape.

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Frequently Asked Questions Regarding Positive Lock Financial Insights

What are the most recent funding rounds that Positive Lock has completed, and what were the funding rounds?
Positive Lock has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding Positive Lock has raised to date?
Positive Lock has raised a total of $79K in funding to date.
How many funding rounds has Positive Lock completed?
Positive Lock has completed 1 funding rounds.
How much funding did Positive Lock raise in its most recent funding round?
Positive Lock raised $79K in its most recent funding round.
Who are the lead investors in Positive Lock's latest funding round?
The lead investor in Positive Lock'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 Positive Lock's history?
The largest funding round in Positive Lock's history was $79K.
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