How Much Did Trac-Work Raise?
Funding & Key Investors

Trac-Work, a company specializing in railroad track construction, maintenance, and rehabilitation, has secured $2M in total capital. The most recent financing round, a major strategic investment, brought in $2M on April 9, 2020. This enterprise-level funding underscores the company's established position in the North American transportation infrastructure sector.

What is Trac-Work?

Trac-Work
ConstructionCivil Engineering Construction

Founded in 1968, Trac-Work Inc. operates as a 100% employee-owned entity dedicated to providing comprehensive railroad track services. The company emphasizes its highly trained professional personnel, who are committed to delivering safe, timely, and high-quality work. Through rigorous internal training and a strong focus on safety protocols, Trac-Work ensures its workforce is accountable for maintaining superior standards in complex transportation projects across North America.

How much funding has Trac-Work raised?

Trac-Work has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Trac-Work

PPP

Public-Private Partnership

What's next for Trac-Work?

The recent strategic investment of $2M signals a period of potential expansion or enhancement for Trac-Work's operations. As an established player in railroad infrastructure, this capital infusion is likely to support the company's ongoing commitment to quality and safety, potentially enabling the adoption of new technologies or the expansion of service offerings. The employee-owned structure suggests a long-term vision focused on sustainable growth and operational excellence within the critical North American rail network.

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Frequently Asked Questions Regarding Trac-Work Financial Insights

What are the most recent funding rounds that Trac-Work has completed, and what were the funding rounds?
Trac-Work has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Trac-Work has raised to date?
Trac-Work has raised a total of $2M in funding to date.
How many funding rounds has Trac-Work completed?
Trac-Work has completed 1 funding rounds.
How much funding did Trac-Work raise in its most recent funding round?
Trac-Work raised $2M in its most recent funding round.
Who are the lead investors in Trac-Work's latest funding round?
The lead investor in Trac-Work'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 Trac-Work's history?
The largest funding round in Trac-Work's history was $2M.
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