How Much Did PTS Corp Raise?
Funding & Key Investors

PTS Corp, a Bloomington-based leader in the reverse logistics sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $797K. This latest infusion of $447K underscores the company's robust position within the aftermarket service and supply chain ecosystem, providing the necessary liquidity to scale its complex operations across the United States.

What is PTS Corp?

PTS Corp
Business ServicesSoftware TestingConsumer Services

PTS Corp operates at the critical intersection of supply chain efficiency and environmental sustainability. By specializing in reverse logistics, the firm manages the intricate lifecycle of products, including parts procurement, repair and refurbishment, and de-manufacturing. Their service portfolio is essential for industries ranging from consumer electronics to appliance manufacturing, where value recovery and material resource planning are paramount to maintaining operational margins. As a key player in the aftermarket segment, PTS Corp facilitates returns management and recycling, effectively transforming potential waste into recovered value for its enterprise-level clientele.

How much funding has PTS Corp raised?

PTS Corp has raised a total of $797K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$447K

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

Debt (2021): $447K led by PPP

Key Investors in PTS Corp

PPP

Public-Private Partnership

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for PTS Corp?

With this major strategic investment, PTS Corp is positioned to accelerate its infrastructure development and expand its footprint in the consumer electronics and cable TV electronics sectors. The capital will likely be deployed to enhance its de-manufacturing capabilities and optimize its nationwide distribution network. By focusing on advanced material resource planning and value recovery, the company aims to solidify its market dominance, ensuring that its reverse logistics framework remains the industry standard for efficiency and sustainability in an increasingly circular economy.

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Frequently Asked Questions Regarding PTS Corp Financial Insights

What are the most recent funding rounds that PTS Corp has completed, and what were the funding rounds?
PTS Corp has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 6, 2020.
What is the total amount of funding PTS Corp has raised to date?
PTS Corp has raised a total of $797K in funding to date.
How many funding rounds has PTS Corp completed?
PTS Corp has completed 2 funding rounds.
How much funding did PTS Corp raise in its most recent funding round?
PTS Corp raised $447K in its most recent funding round.
Who are the lead investors in PTS Corp's latest funding round?
The lead investor in PTS Corp'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 PTS Corp's history?
The largest funding round in PTS Corp's history was $447K.
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