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