How Much Did TES Raise?
Funding & Key Investors

TES, a prominent player in the material handling equipment sector, has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established market presence and its trajectory within the industry.

What is TES?

TES
ManufacturingIndustrial Machinery & EquipmentOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)

TES Inc. is a seasoned provider of material handling solutions, boasting over three decades of experience in crane sales, forklift rentals, and comprehensive service and parts support. Strategically located in Kearny, NJ, the company offers an extensive inventory, featuring renowned brands such as Link-Belt Cranes and Manitex Boom Trucks, alongside various trailer accessories. TES Inc. is dedicated to ensuring client satisfaction through its team of factory-trained mechanics and a robust professional parts department, catering to diverse industrial material handling requirements.

How much funding has TES raised?

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

2020

Debt

$150K

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

Key Investors in TES

PPP

Public-Private Partnership

What's next for TES?

The substantial large-scale, late-stage funding indicates a strategic phase for TES, likely focused on expanding its operational capacity, enhancing its service infrastructure, or potentially acquiring complementary businesses. This infusion of capital is poised to accelerate growth, allowing TES to further solidify its market leadership and extend its reach in the competitive material handling equipment landscape. The company's commitment to quality and customer service, combined with this recent financial impetus, positions it for continued success and innovation.

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Frequently Asked Questions Regarding TES Financial Insights

What are the most recent funding rounds that TES has completed, and what were the funding rounds?
TES has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding TES has raised to date?
TES has raised a total of $150K in funding to date.
How many funding rounds has TES completed?
TES has completed 1 funding rounds.
How much funding did TES raise in its most recent funding round?
TES raised $150K in its most recent funding round.
Who are the lead investors in TES's latest funding round?
The lead investor in TES'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 TES's history?
The largest funding round in TES's history was $150K.
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