What is Riley Technologies?
Based in Mooresville, North Carolina, Riley Technologies operates as a high-precision engineering and manufacturing facility with a legacy dating back to 1960. The company has established a dominant market position through its specialized services in automotive design, assembly, and race team support. With a track record that includes twenty victories at the 24 Hours of Daytona, the firm leverages deep technical expertise in materials science—including steel, aluminum, and carbon composites—to deliver end-to-end solutions. Their facility serves as a critical hub for historic restoration and complex component production, catering to a sophisticated clientele that demands both historical accuracy and cutting-edge performance engineering.
How much funding has Riley Technologies raised?
Riley Technologies has raised a total of $852K across 2 funding rounds:
Debt
$350K
Debt
$502K
Debt (2020): $350K with participation from PPP
Debt (2021): $502K led by PPP
Key Investors in Riley Technologies
PPP
Public-Private Partnership
What's next for Riley Technologies?
With this major strategic investment, Riley Technologies is positioned to further modernize its production infrastructure and expand its service offerings in the high-performance automotive market. The company is expected to leverage this liquidity to enhance its CNC machining and fabrication workflows, ensuring it remains at the forefront of automotive innovation. By integrating advanced manufacturing techniques with its traditional engineering prowess, Riley Technologies aims to solidify its role as a premier partner for both professional racing organizations and automotive manufacturers seeking bespoke, high-quality components. The focus remains on operational efficiency and maintaining the rigorous standards that have defined the brand for over six decades.
See full Riley Technologies company page
