Tech Company Financing Transactions
Action Target Funding Round
Action Target, based in Provo, secured investment capital from Praesidian Capital.
Transaction Overview
Company Name
Announced On
12/7/2023
Transaction Type
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3411 Mountain Vista Pkwy
Provo, UT 84606
USA
Provo, UT 84606
USA
Phone
Website
Email Address
Overview
Action Target Inc. is a wholly owned subsidiary of Safety Training Solutions headquartered in Provo, Utah. Action Target is a business that has transformed the concept of shooting range installations. Founded in 1986, the company started by creating a pneumatic turning target system for the Provo Police Department training curriculum. From there, Action Target began working with armor steel and creating innovative designs resulting in unique, patented technology. The steel bullet trap, now known as the Total Containment Trap�, has become a superior trap within the industry because of its ability to successfully collect bullet rounds, lead dust, and other particles in a way that is eco-friendly and low maintenance for the range owner. The Total Containment Trap�, along with other technology that was created as the business grew, changed the way range owners thought about bullet containment and collection, target retrievers, and portable steel targets. Action Target created their initial
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Birch
Chief Financial Officer
Scott Wright
Vice President
Shane Withers
Browse more venture capital transactions:
Prev: 12/7/2023: Pimento venture capital transaction
Next: 12/7/2023: Sarvam AI venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs