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TEC Group breadcrumbs-arrow TEC Group Financial Insights

How Much Did TEC Group Raise?
Funding & Key Investors

TEC Group has secured $2M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the company's established presence and its ongoing growth trajectory within the competitive staffing and recruiting sector.

What is TEC Group?

TEC Group
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1980 and headquartered in Troy, Michigan, TEC Group specializes in providing staffing and recruiting services across a diverse range of industries. Their expertise spans the automotive, engineering, information technology, machine tool, and broader technical fields. The company has built a reputation for connecting businesses with skilled professionals, facilitating operational efficiency and project success.

How much funding has TEC Group raised?

TEC Group has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for TEC Group?

The recent major strategic investment signals a pivotal moment for TEC Group, likely enabling further expansion of its service offerings and market reach. This capital infusion is expected to fuel initiatives aimed at enhancing its recruitment technologies, broadening its client base, and potentially exploring new industry verticals. The company's long-standing history and focus on specialized sectors position it for continued success in the dynamic employment landscape.

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Frequently Asked Questions Regarding TEC Group Financial Insights

What are the most recent funding rounds that TEC Group has completed, and what were the funding rounds?
TEC Group has recently completed 1 funding rounds: Debt on Apr 29, 2020. What is the total amount of funding TEC Group has raised to date?
TEC Group has raised a total of $2M in funding to date. How many funding rounds has TEC Group completed?
TEC Group has completed 1 funding rounds. How much funding did TEC Group raise in its most recent funding round?
TEC Group raised $2M in its most recent funding round. Who are the lead investors in TEC Group's latest funding round?
The lead investor in TEC Group'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 TEC Group's history?
The largest funding round in TEC Group's history was $2M.
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