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How Much Did Select Systems Technology Raise?
Funding & Key Investors

Select Systems Technology has secured significant capital, with its total funding reaching $240K and its most recent financing round bringing in $90K. This substantial expansion capital injection signals a new phase of growth for the company.

What is Select Systems Technology?

Select Systems Technology
ManufacturingTest & Measurement EquipmentConsumer Services

Founded in 1994 and based in Torrance, CA, Select Systems Technology Inc. specializes in the remanufacturing of security systems. Operating within the security and technology sectors, the company has established a long-standing presence in its niche market. The recent influx of funding suggests a strategic move to scale operations or enhance its technological capabilities in the competitive security systems industry.

How much funding has Select Systems Technology raised?

Select Systems Technology has raised a total of $240K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$90K

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

Debt (2021): $90K led by PPP

What's next for Select Systems Technology?

With the recent substantial expansion capital, Select Systems Technology is poised for significant development. The large-scale, late-stage funding context indicates a focus on market expansion, potential acquisitions, or further innovation in security system remanufacturing. This investment will likely enable the company to strengthen its competitive position and pursue new growth opportunities within the security technology landscape.

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Frequently Asked Questions Regarding Select Systems Technology Financial Insights

What are the most recent funding rounds that Select Systems Technology has completed, and what were the funding rounds?
Select Systems Technology has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on May 1, 2020. What is the total amount of funding Select Systems Technology has raised to date?
Select Systems Technology has raised a total of $240K in funding to date. How many funding rounds has Select Systems Technology completed?
Select Systems Technology has completed 2 funding rounds. How much funding did Select Systems Technology raise in its most recent funding round?
Select Systems Technology raised $90K in its most recent funding round. Who are the lead investors in Select Systems Technology's latest funding round?
The lead investor in Select Systems 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 Select Systems Technology's history?
The largest funding round in Select Systems Technology's history was $150K.
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