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How Much Did Select Technology Raise?
Funding & Key Investors

Select Technology has secured $150K in total funding, with its most recent financing round bringing in $150K in a major strategic investment. This significant capital infusion underscores the company's established position in the electronic components distribution sector and its ongoing growth trajectory. The company's ability to attract substantial backing highlights its critical role within the global supply chain.

What is Select Technology?

Select Technology
RetailEcommerce Platforms

Select Technology Inc. operates as a key electronic components distributor, facilitating worldwide access to OEM, CEM, and distributor inventories. The company excels in purchasing excess, surplus, and obsolete inventory, thereby providing cost-effective solutions for manufacturers, Fortune 500 OEMs, CEMs, and independent distributors. Their specialized services include custom inventory management, strategic sourcing, and a strong commitment to quality control and counterfeit prevention, ensuring prompt delivery of essential parts.

How much funding has Select Technology raised?

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

2020

Debt

$150K

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

Key Investors in Select Technology

PPP

Public-Private Partnership

What's next for Select Technology?

With the recent strategic investment, Select Technology is poised for further expansion and enhancement of its supply chain solutions. This substantial backing, indicative of a large-scale late-stage funding, suggests a focus on scaling operations, potentially broadening its inventory sourcing capabilities, and strengthening its market presence. The company is likely to leverage this capital to deepen its relationships with existing clients and pursue new strategic partnerships, reinforcing its position as a vital link in the electronics manufacturing ecosystem.

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Frequently Asked Questions Regarding Select Technology Financial Insights

What are the most recent funding rounds that Select Technology has completed, and what were the funding rounds?
Select Technology has recently completed 1 funding rounds: Debt on Apr 27, 2020. What is the total amount of funding Select Technology has raised to date?
Select Technology has raised a total of $150K in funding to date. How many funding rounds has Select Technology completed?
Select Technology has completed 1 funding rounds. How much funding did Select Technology raise in its most recent funding round?
Select Technology raised $150K in its most recent funding round. Who are the lead investors in Select Technology's latest funding round?
The lead investor in Select 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 Technology's history?
The largest funding round in Select Technology's history was $150K.
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