How Much Did Technicoat Raise?
Funding & Key Investors

Technicoat has secured significant capital, with total funding reaching $332K and a recent strategic investment of $182K. This latest financing round, dated February 20, 2021, underscores the company's established position and its ongoing growth trajectory in the industrial services sector.

What is Technicoat?

Technicoat
ManufacturingIndustrial Machinery & Equipment

Technicoat Corporation is a seasoned provider of powder coating services, boasting over three decades of experience in delivering quality and flexible solutions for a diverse range of industrial clients. Operating from central North Carolina, the family-owned business extends its offerings beyond core coating to include media blasting, light assembly, screen printing, and custom packaging. Technicoat's commitment to innovation and reliable service positions it as a key player in the custom coating market, serving various industries with tailored solutions.

How much funding has Technicoat raised?

Technicoat has raised a total of $332K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$182K

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

Debt (2021): $182K led by PPP

Key Investors in Technicoat

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Technicoat?

The substantial capital infusion, particularly the recent major strategic investment, signals Technicoat's readiness for significant expansion and operational enhancement. As a company in a large-scale, late-stage funding phase, Technicoat is poised to leverage this backing to further refine its specialized services, potentially explore new market segments, and solidify its competitive advantage. This strategic financing is expected to fuel advancements in their custom coating techniques and broaden their service capabilities, reinforcing their ambition to be the premier custom coater in the industry.

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Frequently Asked Questions Regarding Technicoat Financial Insights

What are the most recent funding rounds that Technicoat has completed, and what were the funding rounds?
Technicoat has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Technicoat has raised to date?
Technicoat has raised a total of $332K in funding to date.
How many funding rounds has Technicoat completed?
Technicoat has completed 2 funding rounds.
How much funding did Technicoat raise in its most recent funding round?
Technicoat raised $182K in its most recent funding round.
Who are the lead investors in Technicoat's latest funding round?
The lead investor in Technicoat'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 Technicoat's history?
The largest funding round in Technicoat's history was $182K.
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