What is Techlite?
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:
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.
See full Techlite company page