How Much Did Torque Raise?
Funding & Key Investors

Torque Inc has solidified its position as a dominant force in the industrial power transmission sector, recently securing a major strategic investment. This capital infusion, which brings the firm's total funding to $150K, underscores the market's confidence in the company's long-standing operational excellence. With a recent funding amount of $150K deployed, the organization is well-positioned to leverage its extensive distribution network and deep-rooted technical expertise to capture further market share in the global clutch and brake industry.

What is Torque?

Torque
ManufacturingIndustrial Machinery & EquipmentAutomobile Parts Stores

As the world's largest distributor of Wichita Clutch and Industrial Clutch products, Torque Inc serves as a critical link in the industrial supply chain. With a legacy spanning 74 years, the company has evolved from a traditional parts supplier into a comprehensive engineering partner. By maintaining the most extensive inventory of mechanical components globally, Torque Inc provides essential support to heavy industries that require high-performance, ruggedized solutions. Their business model is defined by direct customer engagement, where professional engineers provide tailored technical support, ensuring that clients receive not just parts, but optimized mechanical systems for their specific operational requirements.

How much funding has Torque raised?

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

2020

Debt

$150K

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

Key Investors in Torque

PPP

Public-Private Partnership

What's next for Torque?

Following this late-stage capital injection, Torque Inc is expected to prioritize the modernization of its logistics infrastructure and the expansion of its digital engineering support platforms. The strategic focus will likely shift toward enhancing supply chain resilience and deepening its penetration into emerging industrial markets that demand high-reliability power transmission components. By capitalizing on its status as an authorized master distributor, the company is poised to integrate advanced inventory management technologies, further distancing itself from competitors through superior lead times and technical service capabilities. This phase of growth will likely emphasize long-term sustainability and the scaling of its engineering consultancy services to meet the evolving needs of global industrial clients.

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Frequently Asked Questions Regarding Torque Financial Insights

What are the most recent funding rounds that Torque has completed, and what were the funding rounds?
Torque has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Torque has raised to date?
Torque has raised a total of $150K in funding to date.
How many funding rounds has Torque completed?
Torque has completed 1 funding rounds.
How much funding did Torque raise in its most recent funding round?
Torque raised $150K in its most recent funding round.
Who are the lead investors in Torque's latest funding round?
The lead investor in Torque'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 Torque's history?
The largest funding round in Torque's history was $150K.
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