Fundz

Balance Point Announces Its Follow-On Investment In Cranetech Inc.

PRIVATENov 14, 2023

Round Type

Venture

StocktonManufacturingBuilding Maintenance

Investors

Balance PointBalance Point Capital Partners Iv, Balance Point Capital Advisors, LLC

Description

Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated fund, Balance Point Capital Partners IV, L.P., is pleased to announce its follow-on investment in CraneTech Inc. ("CraneTech" or the "Company"), a portfolio company of Steel River LLC ("Steel River"). Balance Point delivered a flexible financing solution that facilitated CraneTech's acquisition of Ameracrane and Hoist ("Ameracrane").

Quick answer

CraneTech raised an undisclosed amount in a funding round, dated November 14, 2023. Investors: Balance Point, Balance Point Capital Partners Iv,  and Balance Point Capital Advisors, LLC. CraneTech is based in Stockton, California, United States.

How much did CraneTech raise?
CraneTech raised an undisclosed amount in a funding round on November 14, 2023.
Who invested in CraneTech?
Balance Point, Balance Point Capital Partners Iv,  and Balance Point Capital Advisors, LLC are named as investors in this round.
What does CraneTech do?
CraneTech provides crane installations, inspections, repairs, and training for clients across the United States with 21 offices, 30 service areas, and over 250 employees.
Where is CraneTech based and how big is it?
CraneTech is based in Stockton, California, United States.
Who are the decision-makers at CraneTech?
Fundz holds 1 contact at CraneTech. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Building Maintenance and Manufacturing around the same time

Companies in the same sectors as CraneTech that raised within 45 days of this round, from Fundz verified event records.

  • Hadrian raised $86M on December 11, 2023.
  • True Digital Surgery raised $8M on December 29, 2023.
  • Canada Nickel Company raised an undisclosed amount on December 29, 2023.
  • Sigma Additive Solutions raised $472K (Seed) on December 29, 2023.
  • ZK International Group Ltd raised $5M (Funding Round) on December 28, 2023.
  • Natron Energy raised $189M on December 28, 2023.

Who to call at CraneTech, and when

A new round usually means CraneTech is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CraneTech raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CraneTech, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at CraneTech. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

CraneTech

Location

Stockton, California, United States

About

CraneTech provides crane installations, inspections, repairs, and training for clients across the United States with 21 offices, 30 service areas, and over 250 employees. Established in 2004, the company has been committed to offering top-quality products, superior training, and expert support to ensure the success of its customers. CraneTech prides itself on its dedication to safety, customer satisfaction, and employee well-being.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment CraneTech raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for CraneTech's next move

See what Strategic adds

CraneTech raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.