How Much Did Recora Raise?
Funding & Key Investors

Recora has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding accumulation of $150K, the firm continues to solidify its presence in the industrial safety sector. This recent strategic investment of $150K underscores the market confidence in the company's specialized manufacturing capabilities and its role in providing essential detection solutions for complex industrial environments.

What is Recora?

Recora
ManufacturingElectronicsTest & Measurement Equipment

Recora operates as a specialized manufacturer and designer of high-precision electrical switchmats and flexible pressure-sensitive switches. By focusing on custom-engineered applications, the company addresses critical requirements for presence and absence detection across diverse sectors, including automotive manufacturing, heavy machinery safety, and automated equipment systems. Their market position is defined by a commitment to reliability and technical consultation, ensuring that industrial clients can implement robust safety protocols that meet stringent operational standards. Through its bespoke design approach, Recora bridges the gap between standard industrial components and the unique, complex detection needs of modern automated facilities.

How much funding has Recora raised?

Recora has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Recora

PPP

Public-Private Partnership

What's next for Recora?

With the infusion of this latest financing, Recora is well-positioned to scale its manufacturing infrastructure and expand its footprint in the industrial automation market. The company is expected to leverage this capital to enhance its research and development efforts, particularly in the refinement of pressure-sensitive sensor technology. As industrial environments increasingly prioritize safety and automated personnel detection, Recora's strategic focus will likely shift toward integrating its hardware with advanced monitoring systems. This growth phase will be critical in maintaining the company's competitive edge as a provider of essential safety infrastructure, ensuring that its product suite remains at the forefront of industrial safety innovation.

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Frequently Asked Questions Regarding Recora Financial Insights

What are the most recent funding rounds that Recora has completed, and what were the funding rounds?
Recora has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Recora has raised to date?
Recora has raised a total of $150K in funding to date.
How many funding rounds has Recora completed?
Recora has completed 1 funding rounds.
How much funding did Recora raise in its most recent funding round?
Recora raised $150K in its most recent funding round.
Who are the lead investors in Recora's latest funding round?
The lead investor in Recora'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 Recora's history?
The largest funding round in Recora's history was $150K.
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