How Much Did Tec-Hackett Raise?
Funding & Key Investors

Tec-Hackett has secured $778K in total capital, with its most recent financing round bringing in $428K in a major strategic investment. This latest funding event, which occurred on January 25, 2021, follows a period of significant capital infusion for the industrial automation specialist.

What is Tec-Hackett?

Tec-Hackett
ManufacturingIndustrial Machinery & Equipment

Tec-Hackett, Inc., established in 1962, is a seasoned provider of industrial automation and control products. The company specializes in delivering customized solutions to manufacturers, encompassing a wide array of high-quality pneumatic, electrical, and hydraulic systems, alongside essential machine safety controls. Leveraging deep industry knowledge and robust supplier partnerships, Tec-Hackett is committed to empowering clients with innovative technologies to achieve their operational objectives. Their comprehensive service offerings include expert technical support and the bespoke design of hydraulic power units and factory automation systems.

How much funding has Tec-Hackett raised?

Tec-Hackett has raised a total of $778K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$428K

Debt (2020): $350K with participation from PPP

Debt (2021): $428K led by PPP

What's next for Tec-Hackett?

The recent major strategic investment signals a pivotal moment for Tec-Hackett, likely enabling accelerated expansion of its product development and market reach. This capital infusion is expected to bolster the company's capacity to innovate in industrial automation and control solutions, potentially leading to the enhancement of its existing product lines and the exploration of new technological frontiers. The company's long-standing history and focus on customized solutions position it well to capitalize on evolving manufacturing demands and further solidify its market presence.

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Frequently Asked Questions Regarding Tec-Hackett Financial Insights

What are the most recent funding rounds that Tec-Hackett has completed, and what were the funding rounds?
Tec-Hackett has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Tec-Hackett has raised to date?
Tec-Hackett has raised a total of $778K in funding to date.
How many funding rounds has Tec-Hackett completed?
Tec-Hackett has completed 2 funding rounds.
How much funding did Tec-Hackett raise in its most recent funding round?
Tec-Hackett raised $428K in its most recent funding round.
Who are the lead investors in Tec-Hackett's latest funding round?
The lead investor in Tec-Hackett'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-Hackett's history?
The largest funding round in Tec-Hackett's history was $428K.
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