Tech Company Financing Transactions
Tow4Tech Funding Round
Tow4Tech, based in Coral Springs, received $1.5 million from BrightCap Ventures.
Transaction Overview
Company Name
Announced On
4/30/2025
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
BrightCap Ventures (Lead Investor)
Proceeds Purpose
The investment will enable Tow4Tech to deliver faster, more reliable towing and roadside assistance for trucking fleets by expanding its national network of heavy and medium towing providers, enhancing platform capabilities, and growing its engineering team to support continued innovation.
Company Information
Company Status
Private & Independent
Industry
Consulting
Mailing Address
11555 Heron Bay Blvd 200
Coral Springs, FL 33076
USA
Coral Springs, FL 33076
USA
Phone
Website
Email Address
Overview
Tow4Tech is a technology company specializing in modernizing the heavy-duty towing and roadside assistance industry. Their platform connects fleet managers and drivers with a nationwide network of vetted tow operators through a geo-located system. The service aims to reduce downtime and improve efficiency by automating the dispatch process, providing real-time tracking, and streamlining invoicing and payments. Tow4Tech's solutions are tailored for the commercial trucking industry, offering a user-friendly interface accessible via web and mobile applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Craig Schneider
Chief Technical Officer
Ziv Gillat
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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