How Much Did ADD Systems Raise?
Funding & Key Investors

ADD Systems, a provider of back office and mobile software for the fuel delivery and convenience store sectors, has secured $2M in total capital. The company recently announced a major strategic investment of $2M, underscoring its significant growth trajectory and market position. This latest financing round follows a history of capital infusions, including a debt financing event in April 2020.

What is ADD Systems?

ADD Systems
SoftwareEnterprise Resource Planning (ERP)Business Services

ADD Systems specializes in delivering comprehensive software solutions designed to optimize operations for businesses within the fuel delivery and convenience store industries. Their product suite encompasses critical functions such as account management, inventory control, and customer service, augmented by cloud computing and training services. The company serves a diverse clientele, including propane, HVAC, heating oil, wholesale petroleum, and lubricants distributors, aiming to enhance productivity and elevate customer experiences through reliable support and tailored technological solutions.

How much funding has ADD Systems raised?

ADD Systems has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in ADD Systems

PPP

Public-Private Partnership

What's next for ADD Systems?

The recent major strategic investment in ADD Systems signals a pivotal moment for the company, likely enabling accelerated expansion of its software offerings and market reach. With a foundation built on enterprise-level solutions for niche industries, this capital infusion is expected to fuel further innovation in areas such as mobile workforce management and advanced data analytics for fuel distributors and convenience store operators. The company's focus on enhancing operational efficiency and customer engagement positions it for continued success in a competitive landscape.

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Frequently Asked Questions Regarding ADD Systems Financial Insights

What are the most recent funding rounds that ADD Systems has completed, and what were the funding rounds?
ADD Systems has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding ADD Systems has raised to date?
ADD Systems has raised a total of $2M in funding to date.
How many funding rounds has ADD Systems completed?
ADD Systems has completed 1 funding rounds.
How much funding did ADD Systems raise in its most recent funding round?
ADD Systems raised $2M in its most recent funding round.
Who are the lead investors in ADD Systems's latest funding round?
The lead investor in ADD Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ADD Systems's history?
The largest funding round in ADD Systems's history was $2M.
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