Technical Toolboxes, a Houston, TX-based provider of advanced engineering and maintenance software for energy infrastructure, has received a strategic growth investment.
Investors
The investment was led by BVP Forge, a private investment firm focused on growth-oriented, self-sustaining software-enabled and services businesses, in partnership with the Bessemer Venture Partners platform. BVP Forge invests from a $780M fund aligned with the $19B+ Bessemer Venture Partners venture platform.
Technical Toolboxes Use of Funds
The company will use the funds to scale its platform, enhance AI capabilities, expand its reach within the energy sector, and deliver greater value to customers.
About Technical Toolboxes
Technical Toolboxes is a Houston-based company providing advanced engineering and maintenance software tailored to the energy infrastructure sector. Its platform supports utilities, pipeline operators, and engineering firms worldwide by enabling regulatory compliance, reducing risk, and improving operational efficiency. The company integrates AI-powered analytics, simulation tools, workflow automation, and centralized data sharing to modernize critical infrastructure. Founded in 1996, it serves more than 400 leading operators, utility companies, and service providers globally.
Funding Details
Company: Technical Toolboxes
Raised: Undisclosed
Round: Strategic Growth Investment
Funding Date: July 2025
Lead Investor: BVP Forge
Additional Investors:
Company Website: https://www.ttoolboxes.com/
Software Category: Engineering & Maintenance Software / Energy Infrastructure / AI Analytics
Source: https://www.businesswire.com/news/home/20250709756980/en/