How Much Did Tech24 Raise?
Funding & Key Investors

Tech24 has secured $5M in total funding, with its most recent financing round bringing in $0. This enterprise-level capital infusion signals a significant phase of growth for the company.

What is Tech24?

Tech24
Consumer ServicesRepair Services

Founded in 1982 and headquartered in Greenville, South Carolina, Tech24 operates as an independent provider of essential service 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 continuity within the food service industry. The company's long-standing presence and specialized focus underscore its deep expertise in a niche but vital market segment.

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

What's next for Tech24?

The substantial enterprise-level funding Tech24 has garnered suggests a strategic push towards scaling its operations, expanding its service capabilities, or potentially pursuing market consolidation. This investment will likely fuel technological advancements in service delivery, enhance its technician network, and broaden its geographic reach. As Tech24 continues to solidify its position, further strategic investments or partnerships may emerge to support its ambitious growth trajectory in the food-service repair and maintenance sector.

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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