How Much Did Tech Tac Raise?
Funding & Key Investors

Tech Tac, a provider of tubing anchor solutions for the oil and gas sector, has secured $410K in total capital, with its most recent financing round bringing in $260K. This significant investment underscores the company's established position in the market and its ongoing strategic growth initiatives within the energy services industry.

What is Tech Tac?

Tech Tac
ManufacturingIndustrial Machinery & Equipment

Established in 2004, Tech Tac specializes in innovative downhole solutions, particularly its Slimline Tubing Anchor Catcher, designed to enhance production efficiency and mitigate operational challenges for oil and gas service companies, field operators, and engineers. The company's commitment to high-quality products and exceptional service has solidified its reputation for integrity and customer satisfaction within the demanding oil and gas sector.

How much funding has Tech Tac raised?

Tech Tac has raised a total of $410K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$260K

Debt (2020): $150K with participation from PPP

Debt (2021): $260K led by PPP

Key Investors in Tech Tac

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Tech Tac?

With substantial backing and a focus on large-scale, late-stage funding, Tech Tac is poised for continued expansion and technological advancement. The recent strategic investment suggests a trajectory aimed at scaling operations, potentially exploring new market segments, or further developing its proprietary tubing anchor technology. This capital infusion will likely enable Tech Tac to reinforce its competitive edge and meet the evolving demands of the global energy market.

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Frequently Asked Questions Regarding Tech Tac Financial Insights

What are the most recent funding rounds that Tech Tac has completed, and what were the funding rounds?
Tech Tac has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Tech Tac has raised to date?
Tech Tac has raised a total of $410K in funding to date.
How many funding rounds has Tech Tac completed?
Tech Tac has completed 2 funding rounds.
How much funding did Tech Tac raise in its most recent funding round?
Tech Tac raised $260K in its most recent funding round.
Who are the lead investors in Tech Tac's latest funding round?
The lead investor in Tech Tac'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 Tac's history?
The largest funding round in Tech Tac's history was $260K.
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