How Much Did Technology Resource Center Raise?
Funding & Key Investors

Technology Resource Center (TRC, Inc.) has secured $1M in total capital, with its most recent financing round bringing in $698K. This major strategic investment underscores the company's significant enterprise-level backing and its pivotal role in the utility sector. The company's funding history, marked by debt financing rounds in May 2020 and March 2021, indicates a steady path toward operational expansion and technological advancement.

What is Technology Resource Center?

Technology Resource Center
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TRC, Inc. is a specialized provider of technical expertise and manpower resources tailored for the Electric and Water Utilities sectors. Their comprehensive service offerings encompass SCADA systems, public safety solutions, and essential manpower support designed to bolster utility operations. By focusing on cutting-edge technologies, TRC, Inc. is committed to enhancing operational efficiency and safety for its utility industry clients, ensuring robust communication and critical support, particularly during emergent situations.

How much funding has Technology Resource Center raised?

Technology Resource Center has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$698K

Debt (2020): $350K with participation from PPP

Debt (2021): $698K led by PPP

What's next for Technology Resource Center?

The substantial enterprise-level funding and recent strategic investment signal a strong growth phase for Technology Resource Center. This capital infusion is expected to fuel further development in SCADA and public safety technologies, alongside expanding their manpower resource capabilities. TRC, Inc. is strategically positioned to deepen its market penetration within the utility sector, likely focusing on enhancing digital transformation initiatives and reinforcing operational resilience for its clients. The company's trajectory suggests a continued emphasis on innovation and service expansion to meet the evolving demands of the energy and water utility landscape.

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Frequently Asked Questions Regarding Technology Resource Center Financial Insights

What are the most recent funding rounds that Technology Resource Center has completed, and what were the funding rounds?
Technology Resource Center has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on May 3, 2020.
What is the total amount of funding Technology Resource Center has raised to date?
Technology Resource Center has raised a total of $1M in funding to date.
How many funding rounds has Technology Resource Center completed?
Technology Resource Center has completed 2 funding rounds.
How much funding did Technology Resource Center raise in its most recent funding round?
Technology Resource Center raised $698K in its most recent funding round.
Who are the lead investors in Technology Resource Center's latest funding round?
The lead investor in Technology Resource Center'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 Technology Resource Center's history?
The largest funding round in Technology Resource Center's history was $698K.
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