How Much Did ThermTech Raise?
Funding & Key Investors

ThermTech, a long-standing leader in heat treating services since 1982, has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established position in serving critical industries such as tooling, defense, oil & gas, mining, construction, medical, and general metal manufacturing. The recent financing round, characterized as a major strategic investment, signals a new phase of growth and operational enhancement for the firm.

What is ThermTech?

ThermTech
ManufacturingIndustrial Machinery & Equipment

ThermTech specializes in providing high-quality heat treating and metal finishing services, backed by decades of industry experience. The company holds prestigious ISO 9001:2015 and AS9100D certifications, attesting to its rigorous quality standards. With an in-house laboratory offering comprehensive testing and metallurgical consultation, ThermTech leverages advanced systems like Bluestreak Manufacturing Execution and Quality Management software to meet the demanding requirements of its diverse clientele. Its commitment to quality and advanced processes has solidified its reputation as a trusted partner in the industrial sector.

How much funding has ThermTech raised?

ThermTech has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for ThermTech?

The substantial enterprise-level funding and recent strategic investment position ThermTech for significant advancements. This capital infusion is likely to fuel expansion initiatives, technological upgrades, and potentially broaden its service offerings or market reach. Given its established certifications and diverse industry service, the company is poised to further solidify its leadership in the heat treating and metal finishing market, potentially exploring new applications or enhancing its capacity to meet growing industrial demands.

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Frequently Asked Questions Regarding ThermTech Financial Insights

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