How Much Did Tech Logic Raise?
Funding & Key Investors

Tech Logic has successfully secured a significant capital injection, bringing its cumulative financing to $982K. This latest infusion of $632K represents a major strategic investment, underscoring the company's robust position within the library technology sector. By leveraging this debt-based financing, the Minnesota-based firm is well-positioned to accelerate its mission of modernizing circulation workflows and enhancing community engagement through advanced digital infrastructure.

What is Tech Logic?

Tech Logic
SoftwareSupply Chain Management (SCM) SoftwareIndustrial Machinery & Equipment

Established in 1997, Tech Logic serves as a critical provider of library technology solutions, specializing in the optimization of circulation processes for both patrons and staff. The company's core product suite includes sophisticated self-checkout systems, automated material handling, and RFID tagging solutions. By focusing on the intersection of user experience and operational efficiency, Tech Logic has carved out a distinct market niche, enabling libraries to transition from legacy manual systems to streamlined, automated environments. Their long-standing presence in the industry, combined with a commitment to ongoing support, positions them as a primary partner for institutions seeking to improve their technological footprint.

How much funding has Tech Logic raised?

Tech Logic has raised a total of $982K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$632K

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

Debt (2021): $632K led by PPP

Key Investors in Tech Logic

PPP

Public-Private Partnership

What's next for Tech Logic?

With the recent influx of capital, Tech Logic is poised to scale its enterprise-level operations and further refine its automated material handling capabilities. The strategic focus will likely shift toward expanding the reach of their RFID-integrated systems, which are essential for modern library management. As the demand for digital transformation in public and academic institutions continues to rise, Tech Logic's ability to deploy efficient, user-centric tools will be a key driver of their future growth. The company is expected to leverage this financial backing to enhance its service delivery models and maintain its competitive edge in the evolving landscape of library technology.

See full Tech Logic company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Multimedia, Games & Graphics SoftwareSoftware
Financial SoftwareSoftwareFinanceSecurities Trading
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development
Healthcare SoftwareSoftware

Frequently Asked Questions Regarding Tech Logic Financial Insights

What are the most recent funding rounds that Tech Logic has completed, and what were the funding rounds?
Tech Logic has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Tech Logic has raised to date?
Tech Logic has raised a total of $982K in funding to date.
How many funding rounds has Tech Logic completed?
Tech Logic has completed 2 funding rounds.
How much funding did Tech Logic raise in its most recent funding round?
Tech Logic raised $632K in its most recent funding round.
Who are the lead investors in Tech Logic's latest funding round?
The lead investor in Tech Logic'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 Tech Logic's history?
The largest funding round in Tech Logic's history was $632K.
See more information about Tech Logic