How Much Did Techlite Raise?
Funding & Key Investors

Techlite has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established presence and potential for future growth in its sector.

What is Techlite?

Techlite
RetailHome Improvement & Hardware Retail

TECHLITE Corp., established in 1987, specializes in representing manufacturers of quality lighting and related products. The company serves commercial, industrial, roadway, and residential applications through established distributor channels. TECHLITE's mission is to provide customers with personalized assessments and evaluations of their lighting needs, implementing quality lighting packages at competitive prices. They are committed to fair dealings with customers, providing fair value for fair return, and ensuring manufacturers receive expected sales volume, profit, and market share. The company prides itself on servicing its market area in concert with its established business creed and maintaining a professional staff of reliable, talented employees to provide quality, friendly, and timely service.

How much funding has Techlite raised?

Techlite has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Techlite

PPP

Public-Private Partnership

What's next for Techlite?

As Techlite navigates a large-scale late-stage funding environment, the recent strategic investment signals a pivotal moment for the company. This capital infusion is likely earmarked for expanding market reach, enhancing product development, and potentially exploring new technological advancements in lighting solutions. The company's long-standing commitment to quality and customer service, combined with this strategic financial backing, positions it for sustained growth and increased market share in the competitive lighting industry.

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Frequently Asked Questions Regarding Techlite Financial Insights

What are the most recent funding rounds that Techlite has completed, and what were the funding rounds?
Techlite has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Techlite has raised to date?
Techlite has raised a total of $150K in funding to date.
How many funding rounds has Techlite completed?
Techlite has completed 1 funding rounds.
How much funding did Techlite raise in its most recent funding round?
Techlite raised $150K in its most recent funding round.
Who are the lead investors in Techlite's latest funding round?
The lead investor in Techlite'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 Techlite's history?
The largest funding round in Techlite's history was $150K.
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