How Much Did TRXC Timing Raise?
Funding & Key Investors

TRXC Timing has secured $48K in total capital, with a recent infusion of $48K in substantial expansion capital. This significant funding round, indicative of a Series B/C stage, underscores the company's robust growth trajectory and market position in the timing services sector.

The latest financing event, which occurred on January 29, 2021, involved a debt financing of $48M, signaling a strategic move to bolster operational capacity and potentially fuel further market penetration.

What is TRXC Timing?

TRXC Timing
Media & InternetData Collection & Internet PortalsBusiness Services

TRXC Timing specializes in providing precise timing services for cross country and track and field events. The company distinguishes itself through excellent customer support, efficient online registration systems, and highly accurate event timing for all levels of athletic competitions. Beyond its core timing services, TRXC Timing also facilitates the procurement of equipment and uniforms through strategic partnerships with industry leaders like VS Athletics and Finishlynx, ensuring clients receive premium products at competitive prices. This comprehensive approach caters to a diverse clientele within the athletic events ecosystem.

How much funding has TRXC Timing raised?

TRXC Timing has raised a total of $48K across 1 funding round:

2021

Debt

$48K

Debt (2021): $48K with participation from PPP

Key Investors in TRXC Timing

PPP

Public-Private Partnership

What's next for TRXC Timing?

With the recent substantial expansion capital, TRXC Timing is poised for accelerated growth. The company's strategic focus will likely involve enhancing its technological infrastructure for even greater timing accuracy and expanding its service offerings to a broader range of athletic events. Further investment may also be directed towards scaling its equipment and uniform supply chain, solidifying its position as a one-stop solution for event organizers. The company's ability to secure significant debt financing suggests a strong financial footing and confidence from lenders in its business model and future revenue potential.

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Frequently Asked Questions Regarding TRXC Timing Financial Insights

What are the most recent funding rounds that TRXC Timing has completed, and what were the funding rounds?
TRXC Timing has recently completed 1 funding rounds: Debt on Jan 29, 2021.
What is the total amount of funding TRXC Timing has raised to date?
TRXC Timing has raised a total of $48K in funding to date.
How many funding rounds has TRXC Timing completed?
TRXC Timing has completed 1 funding rounds.
How much funding did TRXC Timing raise in its most recent funding round?
TRXC Timing raised $48K in its most recent funding round.
Who are the lead investors in TRXC Timing's latest funding round?
The lead investor in TRXC Timing'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 TRXC Timing's history?
The largest funding round in TRXC Timing's history was $48K.
See more information about TRXC Timing