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TekSolv breadcrumbs-arrow TekSolv Financial Insights

How Much Did TekSolv Raise?
Funding & Key Investors

TekSolv, a prominent provider of safety solutions for industrial markets, has secured significant enterprise-level funding, with its total capital raised standing at $2.6M. The company recently announced a major strategic investment of $1.6M, underscoring its robust growth trajectory and market position. This latest financing round follows a history of capital infusions, including debt financing rounds in January 2021 and April 2020.

What is TekSolv?

TekSolv
Business ServicesSecurity Information and Event Management (SIEM)Human Resources Management Systems (HRMS)

With over 25 years of experience, TekSolv has established itself as a leader in delivering high-quality safety products and services. Their comprehensive offerings span rescue services, project staffing, EHS consulting, occupational health, drug screening, equipment rentals, and extensive training programs. The company is dedicated to fostering a culture of safety, compliance, and process improvement across its diverse industrial clientele, providing essential solutions such as flame-resistant clothing and critical safety training.

How much funding has TekSolv raised?

TekSolv has raised a total of $2.6M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.6M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.6M led by PPP

Key Investors in TekSolv

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for TekSolv?

The recent major strategic investment signals a pivotal phase for TekSolv, likely aimed at expanding its service portfolio, enhancing its technological capabilities, or broadening its market reach within the industrial safety sector. This capital infusion is expected to accelerate the company's mission to promote safety and compliance, potentially leading to new service development or strategic acquisitions. The company's established presence and focus on critical safety needs position it for continued expansion and influence in its specialized markets.

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Frequently Asked Questions Regarding TekSolv Financial Insights

What are the most recent funding rounds that TekSolv has completed, and what were the funding rounds?
TekSolv has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 15, 2020. What is the total amount of funding TekSolv has raised to date?
TekSolv has raised a total of $2.6M in funding to date. How many funding rounds has TekSolv completed?
TekSolv has completed 2 funding rounds. How much funding did TekSolv raise in its most recent funding round?
TekSolv raised $1.6M in its most recent funding round. Who are the lead investors in TekSolv's latest funding round?
The lead investor in TekSolv'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 TekSolv's history?
The largest funding round in TekSolv's history was $1.6M.
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