How Much Did Process Technology Raise?
Funding & Key Investors

Process Technology has secured $792K in total financing, with its most recent funding round bringing in $442K in a major strategic investment. This enterprise-level capital infusion underscores the company's established presence and strategic growth initiatives within the process instrumentation and automation control solutions sector.

What is Process Technology?

Process Technology
Business ServicesSoftware Testing

Process Technology, Inc., established in 1986, is a specialized provider of process instrumentation and automation control solutions. The company operates across Utah, Arizona, and Colorado, focusing on delivering high-quality products and exceptional customer service to enhance productivity through innovative processes. Serving a broad client base across multiple states including Utah, Wyoming, Idaho, Northern Nevada, Arizona, New Mexico, Colorado, and Montana, Process Technology aims to be an industry leader by maintaining a well-trained sales force and substantial inventory to meet diverse customer demands.

How much funding has Process Technology raised?

Process Technology has raised a total of $792K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$442K

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

Debt (2021): $442K led by PPP

Key Investors in Process Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Process Technology?

The recent major strategic investment signals a pivotal moment for Process Technology, likely enabling expansion of its service offerings, technological advancements in automation control, and broader market penetration. This capital will support the company's ongoing commitment to increasing client productivity and solidifying its leadership position in the process instrumentation industry. Future developments may include enhanced digital integration of control solutions and expanded geographical reach.

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Frequently Asked Questions Regarding Process Technology Financial Insights

What are the most recent funding rounds that Process Technology has completed, and what were the funding rounds?
Process Technology has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Process Technology has raised to date?
Process Technology has raised a total of $792K in funding to date.
How many funding rounds has Process Technology completed?
Process Technology has completed 2 funding rounds.
How much funding did Process Technology raise in its most recent funding round?
Process Technology raised $442K in its most recent funding round.
Who are the lead investors in Process Technology's latest funding round?
The lead investor in Process Technology'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 Process Technology's history?
The largest funding round in Process Technology's history was $442K.
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