How Much Did State Technology Raise?
Funding & Key Investors

State Technology has secured $40K in total investment, with its most recent financing round yielding $40K. This substantial expansion capital injection, occurring in the significant Series B/C stage of the company's lifecycle, underscores its strategic position in the market. The company's latest funding activity was recorded on March 26, 2021, with a debt financing of $40M.

What is State Technology?

State Technology
Consumer ServicesRepair Services

State Technology Inc., an ISO 9001:2015 certified company based in Bridgeport, NJ, specializes in the critical calibration, refurbishment, and repair services for medical diagnostic equipment and laboratory instrumentation. Their comprehensive service portfolio includes weight, volumetric, and temperature calibration, alongside validations, ensuring precision and compliance for their clients. The company demonstrates expertise in repairing a variety of laboratory equipment, including tube sealers, balances, centrifuges, and pH meters, primarily catering to the stringent demands of the biomedical sector. This focus on maintaining the integrity and functionality of essential scientific and medical tools positions State Technology as a key service provider in a highly regulated industry.

How much funding has State Technology raised?

State Technology has raised a total of $40K across 1 funding round:

2021

Debt

$40K

Debt (2021): $40K with participation from PPP

What's next for State Technology?

With the recent influx of substantial expansion capital, State Technology is poised for accelerated growth and enhanced service delivery. The company's strategic positioning within the biomedical sector, coupled with its commitment to ISO 9001:2015 certification, provides a strong foundation for scaling its operations. Future initiatives are likely to focus on expanding service capabilities, potentially broadening the range of equipment supported, and increasing market reach to serve a larger client base. This strategic investment will enable State Technology to further solidify its reputation for quality and reliability in the calibration and repair market, driving innovation and operational excellence.

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Frequently Asked Questions Regarding State Technology Financial Insights

What are the most recent funding rounds that State Technology has completed, and what were the funding rounds?
State Technology has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding State Technology has raised to date?
State Technology has raised a total of $40K in funding to date.
How many funding rounds has State Technology completed?
State Technology has completed 1 funding rounds.
How much funding did State Technology raise in its most recent funding round?
State Technology raised $40K in its most recent funding round.
Who are the lead investors in State Technology's latest funding round?
The lead investor in State 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 State Technology's history?
The largest funding round in State Technology's history was $40K.
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