What is 1Micro?
Founded in 1992 and headquartered in Waconia, MN, 1Micro specializes in the manufacturing of automotive key machines. The company also develops mobile applications designed for key location and tracking, integrating hardware and software solutions for enhanced utility and accessibility. This dual focus positions 1Micro as a niche provider within the automotive aftermarket and technology sectors.
How much funding has 1Micro raised?
1Micro has raised a total of $949K across 2 funding rounds:
Debt
$350K
Debt
$599K
Debt (2020): $350K with participation from PPP
Debt (2021): $599K led by PPP
Key Investors in 1Micro
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for 1Micro?
The recent major strategic investment suggests a phase of significant scaling or product development for 1Micro. This capital infusion is likely to fuel advancements in their automotive key machine technology and the expansion of their key tracking mobile applications. The company may look to broaden its market reach, enhance its digital offerings, or explore new partnerships to leverage this enterprise-level backing.
See full 1Micro company page