How Much Did Tech24 Raise?
Funding & Key Investors

Tech24 has secured significant enterprise-level funding, with the total capital raised standing at $5M and a recent, undisclosed amount of financing received on 2020-06-18. This latest investment round underscores the company's ongoing growth trajectory and its strategic importance within its sector.

What is Tech24?

Tech24
Consumer ServicesRepair Services

Founded in 1982 and headquartered in Greenville, South Carolina, Tech24 operates as an independent provider of essential services and repairs for food-service customers. Its client base spans convenience stores, restaurants, and concession operators, positioning Tech24 as a critical partner in maintaining operational efficiency for businesses within the food service industry. The company's long-standing presence and specialized focus highlight its deep understanding of the sector's unique demands.

How much funding has Tech24 raised?

Tech24 has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Tech24

PPP

Public-Private Partnership

What's next for Tech24?

The recent enterprise-level funding suggests Tech24 is poised for a significant scaling phase, potentially involving market expansion, technological advancements, or enhanced service offerings. This strategic capital infusion is likely aimed at solidifying its market leadership and capitalizing on emerging opportunities within the food-service repair and maintenance sector. Future developments may include broader geographic reach and the integration of new service technologies to meet evolving customer needs.

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Frequently Asked Questions Regarding Tech24 Financial Insights

What are the most recent funding rounds that Tech24 has completed, and what were the funding rounds?
Tech24 has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Tech24 has raised to date?
Tech24 has raised a total of $5M in funding to date.
How many funding rounds has Tech24 completed?
Tech24 has completed 1 funding rounds.
How much funding did Tech24 raise in its most recent funding round?
Tech24 raised $5M in its most recent funding round.
Who are the lead investors in Tech24's latest funding round?
The lead investor in Tech24'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 Tech24's history?
The largest funding round in Tech24's history was $5M.
See more information about Tech24