# TimberHP funding: rounds and investors

> TimberHP has raised $418K across 2 rounds since 2024. Investors include Maine Technology Institute. Every round with its source.

Source: https://millionrounds.com/company/timberhp (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *TimberHP*

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Raised 7 months ago

Funding summary Updated 26 Oct 2026

**$418K** raised across 2 rounds since 2024, from 2 sources

- **Latest round:** Venture Apr 2026
- **Biggest round:** $418K Grant · Jul 2024
- **Investors:** 1

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$418K** Grant

**?** Venture

- **First round:** Grant, $418K
- **Biggest round:** $418K
- **Between rounds:** 21 months

## The rounds

- **Apr 2026** Venture **Amount undisclosed** *1 returning* [Maine Technology Institute](https://millionrounds.com/fund/maine-technology-institute) Source recorded
- **Jul 2024** Grant **$418K** *1 new* [Maine Technology Institute](https://millionrounds.com/fund/maine-technology-institute) Source recorded

## Founders and team

From TimberHP's own website: 21 on the team.

- **Ralph Tranten** Vice President of Sales
- **Anthony Stidham** Chief Financial Officer
- **Allison Zuchman** VP of Marketing and Business Development
- **Alex Donnelley** Market Intelligence & Lead Development Manager
- **Alyson Burroughs Knudsen** Territory Sales Manager (OH/W PA)
- **Christian Albrecht** Director of Government Affairs and Regulatory Compliance
- **Deborah Fasciana** Brand & Creative Manager
- **Edith Gawler** Strategic Account Manager
- **Gabrielle Lundy** Experiential Marketing Design Manager
- **Janna Patasini** Director of Building Science & Industry Support
- **Jason Todd** Operations Manager
- **Jessica Vigneault** IT Manager
- **Joe Clark** Field Education & Specifications Manager
- **John Rockwell** Business Development Manager
- **Kali Sipes** Strategic Account Manager
- **Ken Kiefer** Director of Human Resources
- **Lisa Madore** Electrical Engineering Manager
- **Roland Rylander** Plant Manager

And 3 more on the team.

## Everyone who backed them

[Maine Technology Institute](https://millionrounds.com/fund/maine-technology-institute) Government **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=timberhp).

## Also claim to have backed them

These 2 firms list TimberHP as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Maine Angels](https://millionrounds.com/fund/maine-angels) Angel network Per its own site

[RuralWorks Partners, LLC](https://millionrounds.com/fund/ruralworks-partners-llc) VC firm Per its own site

## Quick answers about TimberHP

### Who invested in TimberHP?

TimberHP's investors include Maine Technology Institute.

### How much has TimberHP raised?

TimberHP has raised $418K across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor.

### When did TimberHP last raise?

TimberHP's most recent round was a Venture in Apr 2026.

### What was TimberHP's biggest round?

TimberHP's largest round on record is $418K (Grant), in Jul 2024.

### Who backed TimberHP first?

TimberHP's first round on record, in Jul 2024, was backed by Maine Technology Institute.

### What stage is TimberHP at?

TimberHP's latest named round is a Venture, in Apr 2026.

### Where is TimberHP based?

TimberHP is based in the United States.

## Companies like TimberHP

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Fragment** $22M · Oct 2026](https://millionrounds.com/company/fragment)

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