How Much Did Tri-State Machine Raise?
Funding & Key Investors

Tri-State Machine has secured $2M in total capital, with its most recent financing round bringing in $1M through a major strategic investment on March 2, 2021. This enterprise-level funding underscores the company's established presence and strategic growth initiatives within the metalworking sector.

What is Tri-State Machine?

Tri-State Machine
ManufacturingIndustrial Machinery & Equipment

Tri-State Machine operates as a comprehensive metalworking solutions provider, specializing in machining, welding, fabrication, and mechanical assembly. The company caters to a diverse industrial clientele, including the transportation, energy, and machine & equipment sectors. With a workforce exceeding 100 employees and a management team possessing over two centuries of combined expertise, Tri-State Machine is dedicated to delivering superior quality products and maintaining exceptional customer service standards. A strong emphasis on health and safety is embedded in its operational culture, ensuring a secure environment for all personnel.

How much funding has Tri-State Machine raised?

Tri-State Machine has raised a total of $2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1M

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

Debt (2021): $1M led by PPP

Key Investors in Tri-State Machine

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Tri-State Machine?

The recent major strategic investment indicates Tri-State Machine is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in its machining and fabrication capabilities, potentially enabling the company to pursue larger contracts and enter new markets. Strategic partnerships or acquisitions may also be on the horizon as the company leverages this financing to solidify its position as a leader in the metalworking industry. Continued focus on innovation and operational efficiency will be key to capitalizing on this growth opportunity.

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Frequently Asked Questions Regarding Tri-State Machine Financial Insights

What are the most recent funding rounds that Tri-State Machine has completed, and what were the funding rounds?
Tri-State Machine has recently completed 2 funding rounds: Debt on Mar 2, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Tri-State Machine has raised to date?
Tri-State Machine has raised a total of $2M in funding to date.
How many funding rounds has Tri-State Machine completed?
Tri-State Machine has completed 2 funding rounds.
How much funding did Tri-State Machine raise in its most recent funding round?
Tri-State Machine raised $1M in its most recent funding round.
Who are the lead investors in Tri-State Machine's latest funding round?
The lead investor in Tri-State Machine'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 Tri-State Machine's history?
The largest funding round in Tri-State Machine's history was $1M.
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