How Much Did Pro - Torque Raise?
Funding & Key Investors

Pro - Torque, a specialist in high-performance drag racing torque converters, has secured significant capital, with its total funding reaching $460K. The company recently announced a major strategic investment of $310K, underscoring its established position in the performance automotive sector. This latest financing round signifies a critical juncture for Pro - Torque as it continues to innovate and expand its product offerings in the competitive racing market.

What is Pro - Torque?

Pro - Torque
ManufacturingAutomotive PartsAutomobile Parts Stores

ProTorque specializes in high-performance drag racing torque converters, offering a comprehensive range of products including street/strip converters, custom-built converters, and competition racing converters. Their innovative Torque Converter Recommendation Engine helps clients match their specific power combinations to the ideal torque converter. The company proudly manufactures its products in the USA and provides additional services such as converter customization and servicing. ProTorque caters to automotive enthusiasts and racers looking for high-quality performance parts to enhance their vehicles. The company's focus on specialized, high-performance components positions it as a key player within the niche of drag racing.

How much funding has Pro - Torque raised?

Pro - Torque has raised a total of $460K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$310K

Debt (2020): $150K with participation from PPP

Debt (2021): $310K led by PPP

Key Investors in Pro - Torque

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Pro - Torque?

With substantial late-stage funding, Pro - Torque is poised for accelerated growth and market penetration. The recent strategic investment likely signals confidence from backers in the company's proprietary technology and its ability to scale operations. Future initiatives may include expanding manufacturing capabilities, enhancing the Torque Converter Recommendation Engine with advanced AI, and broadening distribution channels to reach a wider segment of the automotive performance market. This capital infusion is expected to fuel further product development and solidify Pro - Torque's leadership in the high-performance torque converter segment.

See full Pro - Torque company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingConsumer ServicesFuneral Homes & Funeral Related Services
Building MaterialsManufacturingConstruction ManagementConstruction
ManufacturingTelecommunication EquipmentElectronicsBusiness ServicesResearch & Development
ManufacturingPharmaceuticals

Frequently Asked Questions Regarding Pro - Torque Financial Insights

What are the most recent funding rounds that Pro - Torque has completed, and what were the funding rounds?
Pro - Torque has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Pro - Torque has raised to date?
Pro - Torque has raised a total of $460K in funding to date.
How many funding rounds has Pro - Torque completed?
Pro - Torque has completed 2 funding rounds.
How much funding did Pro - Torque raise in its most recent funding round?
Pro - Torque raised $310K in its most recent funding round.
Who are the lead investors in Pro - Torque's latest funding round?
The lead investor in Pro - Torque'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 Pro - Torque's history?
The largest funding round in Pro - Torque's history was $310K.
See more information about Pro - Torque