How Much Did Tech Star Raise?
Funding & Key Investors

Tech Star has secured $74K in total investment, with a recent capital infusion of $74K designated for substantial expansion. This financing round marks a significant stage in the company's growth trajectory, positioning it for further development in the industrial electronics repair sector.

The company's latest funding event, which occurred on February 18, 2021, was a debt financing round, indicating a strategic approach to capital management. This infusion of capital is expected to fuel Tech Star's operational scaling and market penetration efforts.

What is Tech Star?

Tech Star
Consumer ServicesRepair Services

Tech Star, Inc. is a specialized provider of industrial electronics repair services, established in 1990. The company focuses on the speedy and reliable repair of a wide array of industrial electronic components, including AC and DC drives, touchscreens, PLCs, HMIs, industrial PCs, and SBCs. Their service portfolio encompasses board-level repairs, field service, and rush repair options, all aimed at minimizing equipment downtime for their clientele.

The company primarily serves businesses requiring efficient and effective solutions for their industrial electronic equipment maintenance. Tech Star, Inc. emphasizes delivering high-quality, tailored services to meet the specific operational needs of its customers, thereby ensuring the longevity and performance of critical industrial machinery.

How much funding has Tech Star raised?

Tech Star has raised a total of $74K across 1 funding round:

2021

Debt

$74K

Debt (2021): $74K with participation from PPP

Key Investors in Tech Star

PPP

Public-Private Partnership

What's next for Tech Star?

With the recent substantial expansion capital, Tech Star is poised for significant growth. The company's strategic focus will likely involve enhancing its service capabilities, expanding its geographic reach, and potentially investing in new technologies to further streamline its repair processes. The company's established history and commitment to quality service provide a strong foundation for leveraging this new investment to capture a larger market share in the industrial electronics repair industry.

Future developments may include the adoption of advanced diagnostic tools and an increase in service personnel to meet growing demand. This strategic investment underscores Tech Star's commitment to innovation and customer satisfaction as it navigates its next phase of expansion.

See full Tech Star company page
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Frequently Asked Questions Regarding Tech Star Financial Insights

What are the most recent funding rounds that Tech Star has completed, and what were the funding rounds?
Tech Star has recently completed 1 funding rounds: Debt on Feb 18, 2021.
What is the total amount of funding Tech Star has raised to date?
Tech Star has raised a total of $74K in funding to date.
How many funding rounds has Tech Star completed?
Tech Star has completed 1 funding rounds.
How much funding did Tech Star raise in its most recent funding round?
Tech Star raised $74K in its most recent funding round.
Who are the lead investors in Tech Star's latest funding round?
The lead investor in Tech Star'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 Star's history?
The largest funding round in Tech Star's history was $74K.
See more information about Tech Star