Additech
Latest round
- Series A
Last raised
- Aug 2004
Total raised
- $10M
Investors
- 2
About Additech
Additech Inc.Founded in Houston, US, Additech Inc. focuses on developing fuel additives that contribute to vehicle maintenance.Additech specializes in fuel additives designed to enhance the performance, reliability, and fuel economy of gasoline-powered vehicles. The company’s core product offerings include three distinct fuel treatment options: Quarterly Clean, Monthly Clean, and Weekly Clean, each tailored to different driving habits and maintenance needs. The additives work by removing carbon deposits from critical engine components such as fuel injectors, intake valves, and combustion chambers, thereby improving fuel flow, engine performance, and overall vehicle efficiency. Additech’s innovative blending method allows these additives to be mixed directly at the fuel pump, providing a user-friendly experience that eliminates the need for messy bottles.Additech generates revenue through direct retail transactions at gas stations where its fuel additives are sold. The company’s pricing structure is based on the treat rate size selected by customers, which corresponds to their specific maintenance cycles and driving patterns. Customers can choose among the Quarterly Clean, Monthly Clean, or Weekly Clean options, which offer varying levels of treatment concentration and frequency of use. These products are integrated into the fuel purchase process, allowing consumers to add the treatment with a simple push of a button during their refueling.Looking ahead, Additech plans to introduce new product offerings tailored to specific market demands and is exploring expansion into additional geographic regions in North America by 2025.
Who invested in Additech
2 investors across 1 round
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Funding rounds
Series A
Aug 27, 2004
Amount
$10M
Investors
Questions about Additech
Who invested in Additech?
Additech has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Additech raised?
Additech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Additech last raise money?
Additech's most recent round on record is a Series A, in Aug 2004.
What does Additech do?
Additech is a automobiles, other vehicles & parts company.
Where is Additech headquartered?
Additech is headquartered in Houston, US.
Which VCs invest in companies like Additech?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at Additech's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series A
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