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Technical Toolboxes received a growth investment from BVP Forge to enhance their platform and expand in the energy sector. The amount of the investment was not disclosed.

Jul 09, 202513 days ago
HoustonArtificial IntelligenceSoftware

Investors

Bvp Forge

Description

Technical Toolboxes, a Houston-based provider of advanced engineering and maintenance software for energy infrastructure, received a strategic growth investment from BVP Forge. The company plans to use the funds to scale its platform and further leverage AI. Founded in 1996, it serves over 400 operators and utility companies worldwide. Led by CEO Jim Schuchart, they aim to reduce operational risk and maintain compliance across the asset lifecycle.

Company Information

Company

Technical Toolboxes

Location

Houston, Texas, United States

About

Technical Toolboxes is a leading global provider of integrated and cloud-based pipeline software, online resources and technical training for pipeline engineering professionals.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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