How Much Did TriRig Raise?
Funding & Key Investors

TriRig, a company specializing in high-performance triathlon bike gear and aero components, has recently secured a major strategic investment, adding to its total funding of $753K. The most recent capital infusion, detailed as a debt financing round on March 31, 2025, signifies a significant financial maneuver for the company, which aims to optimize athlete performance through innovative product design and virtual fitting services.

The company's overall financial backing stands at $753K, with the latest round contributing to its ongoing growth and development in the competitive cycling market.

What is TriRig?

TriRig
ManufacturingAutomotive PartsRetail

TriRig is dedicated to enhancing athletic performance in triathlon and cycling through the development of specialized, high-performance equipment. Their product line features innovative aero bars, rim brakes, and other performance parts engineered for reduced drag and superior results. Catering to athletes focused on optimizing their race-day potential, TriRig also provides virtual bike fitting services and installation guidance to ensure riders achieve the best possible fit and setup. The company's commitment to precision engineering and aerodynamic efficiency underscores its mission to enable athletes to ride faster and more comfortably.

How much funding has TriRig raised?

TriRig has raised a total of $753K across 2 funding rounds:

2021

Debt

$13K

2025

Debt

$740K

Debt (2021): $13K with participation from PPP

Debt (2025): $740K led by Live Oak Bank

Key Investors in TriRig

Live Oak Bank

Live Oak Bank is a financial institution that provided debt financing to TriRig, indicating a focus on supporting business growth through lending.

PPP

Public-Private Partnership

What's next for TriRig?

The recent major strategic investment, structured as debt financing, positions TriRig for continued expansion and product innovation within the high-performance cycling sector. This capital infusion is expected to bolster the company's efforts in research and development, potentially leading to advancements in aerodynamic technology and further refinement of their product offerings. TriRig's focus on precision engineering and athlete optimization suggests a strategic direction aimed at solidifying its market presence and supporting the performance goals of competitive cyclists worldwide.

See full TriRig company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingConstruction ManagementConstruction
ElectronicsManufacturingBusiness ServicesResearch & Development
Automotive PartsManufacturingAutomotive Service & Collision RepairConsumer Services
ManufacturingWatches & JewelryRetailJewelry & Watch Retail

Frequently Asked Questions Regarding TriRig Financial Insights

What are the most recent funding rounds that TriRig has completed, and what were the funding rounds?
TriRig has recently completed 2 funding rounds: Debt on Mar 31, 2025, Debt on Feb 6, 2021.
What is the total amount of funding TriRig has raised to date?
TriRig has raised a total of $753K in funding to date.
How many funding rounds has TriRig completed?
TriRig has completed 2 funding rounds.
How much funding did TriRig raise in its most recent funding round?
TriRig raised $740K in its most recent funding round.
Who are the lead investors in TriRig's latest funding round?
The lead investor in TriRig's latest funding round was Live Oak Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TriRig's history?
The largest funding round in TriRig's history was $740K.
See more information about TriRig