About Additech
Additech is a company based in Houston (United States) founded in 1995. It operates as a Managed Services, and Reseller / Distribution. Additech has raised $35.32 million across 11 funding rounds from investors including Horizon Tech Finance, Point Financial and Trinity Ventures. The company has 13 employees as of December 31, 2022. Additech offers products and services including DEF Dispensers and Fuel Additive Dispensers.
- Headquarter Houston, United States
- Employees 13 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Additech Inc.
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Annual Revenue
$286.33 K (USD)-59as on Dec 31, 2020
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Net Profit
$-1.93 K (USD)58as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$35.32 M (USD)
in 11 rounds
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Latest Funding Round
$5 M (USD), Debt – Venture
Dec 09, 2014
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Investors
Horizon Tech Finance
& 4 more
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Employee Count
13
as on Dec 31, 2022
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Products & Services of Additech
Additech offers a comprehensive portfolio of products and services, including DEF Dispensers and Fuel Additive Dispensers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Above-ground dispensers for diesel exhaust fluid are provided.
Retrofit kits for fuel additive dispensing are offered.
Funding Insights of Additech
Additech has successfully raised a total of $35.32M across 11 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $5 million completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Debt – Venture — $5.0M
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First Round
First Round
(01 Jan 2002)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Debt – Venture - Additech | Valuation |
investors |
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| Oct, 2012 | Amount | Series C - Additech | Valuation |
investors |
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| Sep, 2012 | Amount | Series C - Additech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Additech
Additech has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Horizon Tech Finance, Point Financial and Trinity Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Structured debt is provided to life sciences and technology firms.
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Founded Year | Domain | Location | |
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Lease financing is provided to growth-stage companies in the US.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage technology and real estate companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Additech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Additech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Additech Comparisons
Competitors of Additech
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Additech
When was Additech founded?
Additech was founded in 1995 and raised its 1st funding round 7 years after it was founded.
Where is Additech located?
Additech is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is Additech a funded company?
Additech is a funded company, having raised a total of $35.32M across 11 funding rounds to date. The company's 1st funding round was a Series C of $2M, raised on Jan 01, 2002.
How many employees does Additech have?
As of Dec 31, 2022, the latest employee count at Additech is 13.
What is the annual revenue of Additech?
Annual revenue of Additech is $286.33K as on Dec 31, 2020.
What does Additech do?
Turnkey solutions for DEF and fuel additive dispensers are offered by Additech to fuel stations. Operations in the energy sector, specifically fuel retail, are supported through equipment and services. Customer satisfaction is enhanced, sales are increased, and station differentiation is achieved with fully managed services. Installation, maintenance, and 247 support are included in the solutions provided.
What products or services does Additech offer?
Additech offers DEF Dispensers and Fuel Additive Dispensers.
Who are Additech's investors?
Additech has 5 investors. Key investors include Horizon Tech Finance, Point Financial, Trinity Ventures, Adams Capital Management, and BEV Capital.