How Much Did Utility Technologies Raise?
Funding & Key Investors

Utility Technologies has secured $22K in total financing, with a recent capital injection of $22K to fuel substantial expansion. This funding round, indicative of a significant Series B/C stage for the company, underscores investor confidence in its strategic direction and market position within the utility technology sector.

The company's latest financing event, occurring on January 23, 2021, was a debt financing round totaling $22 million. This infusion of capital is expected to accelerate Utility Technologies' growth initiatives and enhance its service offerings to the water and wastewater utility market.

What is Utility Technologies?

Utility Technologies
RetailOffice Products Retail & DistributionBusiness Services

Utility Technologies, LLC is a specialized provider of technology products, software, and services designed for the utility industry, with a particular emphasis on water and wastewater management. Headquartered in the mid-west United States, the company serves both public and private utilities across Ohio, Michigan, and West Virginia. Furthermore, Utility Technologies extends its reach nationwide through online and eBay stores, catering to the broader waterworks and submetering market.

Their comprehensive product portfolio includes advanced water metering solutions, GIS and asset management software, sophisticated leak detection tools, and essential wastewater management equipment. The company's core mission is to elevate the efficiency of utility operations through the deployment of innovative technologies and expert consulting services.

How much funding has Utility Technologies raised?

Utility Technologies has raised a total of $22K across 1 funding round:

2021

Debt

$22K

Debt (2021): $22K with participation from PPP

Key Investors in Utility Technologies

PPP

Public-Private Partnership

What's next for Utility Technologies?

With the recent substantial expansion capital, Utility Technologies is poised for significant advancements. The company is likely to invest in further developing its software solutions, expanding its geographical footprint, and enhancing its product lines to address evolving industry needs. Strategic partnerships and potential acquisitions could also be on the horizon as the company solidifies its market leadership. The focus on technology for water and wastewater utilities positions them well to capitalize on increasing demands for efficient resource management and infrastructure modernization.

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Frequently Asked Questions Regarding Utility Technologies Financial Insights

What are the most recent funding rounds that Utility Technologies has completed, and what were the funding rounds?
Utility Technologies has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Utility Technologies has raised to date?
Utility Technologies has raised a total of $22K in funding to date.
How many funding rounds has Utility Technologies completed?
Utility Technologies has completed 1 funding rounds.
How much funding did Utility Technologies raise in its most recent funding round?
Utility Technologies raised $22K in its most recent funding round.
Who are the lead investors in Utility Technologies's latest funding round?
The lead investor in Utility Technologies'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 Utility Technologies's history?
The largest funding round in Utility Technologies's history was $22K.
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