How Much Did Trine Access Technology Raise?
Funding & Key Investors

Trine Access Technology has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital accumulation of $464K. The most recent injection of $314K underscores the firm's commitment to scaling its manufacturing capabilities and expanding its footprint within the global security hardware sector. This late-stage financial backing provides the necessary liquidity to sustain long-term operational objectives and maintain its competitive edge in the specialized electric strike market.

What is Trine Access Technology?

Trine Access Technology
ManufacturingIndustrial Machinery & Equipment

Established in 1999, Trine Access Technology has evolved into a dominant force in the access control industry. The company is widely recognized for engineering the smallest electric strikes globally, specifically the 3000 Series, and for its proprietary EN series, which holds the distinction of being the only UL-rated outdoor electric strike. By focusing on high-precision security hardware, Trine serves a critical role in both commercial and industrial infrastructure, ensuring robust access management solutions that meet rigorous safety and durability standards.

How much funding has Trine Access Technology raised?

Trine Access Technology has raised a total of $464K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$314K

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

Debt (2021): $314K led by PPP

Key Investors in Trine Access Technology

PPP

Public-Private Partnership

What's next for Trine Access Technology?

With the recent infusion of capital, Trine Access Technology is positioned to accelerate its research and development initiatives, focusing on the next generation of smart access control systems. The company's strategic roadmap involves deepening its penetration into international markets while leveraging its existing intellectual property to diversify its product portfolio. As the demand for sophisticated, weather-resistant security hardware continues to rise, Trine is well-equipped to capitalize on these industry tailwinds, ensuring sustained growth and operational excellence in the coming fiscal periods.

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Frequently Asked Questions Regarding Trine Access Technology Financial Insights

What are the most recent funding rounds that Trine Access Technology has completed, and what were the funding rounds?
Trine Access Technology has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Trine Access Technology has raised to date?
Trine Access Technology has raised a total of $464K in funding to date.
How many funding rounds has Trine Access Technology completed?
Trine Access Technology has completed 2 funding rounds.
How much funding did Trine Access Technology raise in its most recent funding round?
Trine Access Technology raised $314K in its most recent funding round.
Who are the lead investors in Trine Access Technology's latest funding round?
The lead investor in Trine Access Technology'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 Trine Access Technology's history?
The largest funding round in Trine Access Technology's history was $314K.
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