How Much Did WedgeRock Raise?
Funding & Key Investors

WedgeRock, a specialist in engineered gearbox actuation solutions, has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position in providing robust actuation systems for demanding torque and thrust applications across various challenging environments.

The company's latest funding event, dated April 13, 2020, involved a $150 million debt financing from PPP, indicating a strategic move to bolster its financial structure during a period of significant growth or operational scaling.

What is WedgeRock?

WedgeRock
ManufacturingIndustrial Machinery & Equipment

WedgeRock, Inc. distinguishes itself in the industrial sector by engineering advanced gearbox actuation solutions. Its comprehensive product portfolio includes planetary gear actuators, worm gear actuators, mechanical spring returns, and high-performance spur gearboxes. The company leverages both standard and exotic materials to meet stringent customer specifications, ensuring industry-leading performance and quality. WedgeRock is dedicated to serving clients that require dependable actuation solutions for extreme conditions, such as underwater valve operations, positioning itself as a key provider for critical infrastructure and specialized industrial applications.

How much funding has WedgeRock raised?

WedgeRock has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in WedgeRock

PPP

Public-Private Partnership

What's next for WedgeRock?

With the infusion of $150K via a major strategic investment, WedgeRock is poised for accelerated expansion. This large-scale, late-stage funding suggests a strategic focus on scaling production capabilities, enhancing its research and development pipeline for next-generation actuation technologies, and potentially broadening its market penetration into new geographical regions or industry verticals. The company's commitment to utilizing advanced materials and serving high-demand applications indicates a trajectory towards solidifying its leadership in specialized engineered components.

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Frequently Asked Questions Regarding WedgeRock Financial Insights

What are the most recent funding rounds that WedgeRock has completed, and what were the funding rounds?
WedgeRock has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding WedgeRock has raised to date?
WedgeRock has raised a total of $150K in funding to date.
How many funding rounds has WedgeRock completed?
WedgeRock has completed 1 funding rounds.
How much funding did WedgeRock raise in its most recent funding round?
WedgeRock raised $150K in its most recent funding round.
Who are the lead investors in WedgeRock's latest funding round?
The lead investor in WedgeRock'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 WedgeRock's history?
The largest funding round in WedgeRock's history was $150K.
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