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, 2025•13 days ago
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers