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Additech

Founded 1989 United States Sugar Land, United States 39 employees Debt Financing Total: $24.35M Energy, Oil and Gas +1

General Information

Company Name Additech
Founded Year 1989
Location United States Sugar Land, United States
Employees 39
Industries Energy, Oil and Gas, Automotive
Funding Stage Debt Financing
Social

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About Additech

Additech is a US-based startup in the energy industry that offers a unique solution for fuel system maintenance. Founded in 1995, Additech has developed dispensers that blend highly concentrated eco-friendly fuel system cleaners into the fuel at the pump. Their products are guaranteed to remove built-up carbon, lubricate vital engine parts, and protect from ethanol corrosion, ultimately improving vehicle performance and extending the engine's lifespan. The company received a significant $1.80M debt financing investment on 4th September 2013, with Trinity Capital being the investor. This funding likely provided the necessary resources for Additech to scale its operations and expand its market reach. With a focus on sustainable and efficient fuel system maintenance, Additech presents a compelling opportunity for investors looking to support innovative solutions in the energy sector.

Taxonomy: Additech, automotive care system, fuel system maintenance, engine cleaners, fuel system cleaners, engine treatment products, gas pump advertising, fuel pump remote monitoring, auto maintenance, automotive fuel system cleaners, remote monitoring, merchandising, eco-friendly fuel system cleaners, vehicle performance, engine longevity

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing $1.80M 1
Trinity Capital
04 Sep 2013
Debt Financing $1.95M 1
Trinity Capital
05 Sep 2012
Venture Round $4.60M 2
Adams Capital Management, BEV Capital
13 Aug 2010
Venture Round $6.00M 2
Adams Capital Management, BEV Capital
09 Aug 2006
Series A $10.00M 2
Adams Capital Management, BEV Capital
27 Aug 2004

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FAQ About Additech

Additech dispensers blend highly concentrated eco-friendly fuel system cleaners into your fuel at the pump. Additech’s guaranteed products remove built up carbon, lubricate vital engine parts and protect from ethanol corrosion. Establishing a fuel system maintenance program using Additech products w...
Additech was founded in 1989.
Additech is headquartered in Sugar Land, United States.
Additech operates in Energy, Oil and Gas and Automotive. Its work centres on Additech, automotive care system, fuel system maintenance and engine cleaners.
Additech has approximately 39 employees.
Additech has completed 5 funding rounds, raising a total of $24.35M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Additech include Rheinland Kraftstoff GmbH, TURBINE-X Energy Inc., Primoris Energy Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Additech and Rheinland Kraftstoff GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Additech, https://bouncewatch.com/company/additech, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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