What is Advanced Automation?
Headquartered in Jasper, Indiana, Advanced Automation operates at the intersection of industrial maintenance and advanced manufacturing technology. The company specializes in the end-to-end lifecycle management of CNC routers, providing critical services that include the construction of new units, the sophisticated retrofitting of existing hardware, and ongoing technical maintenance. By focusing on the refurbishment and optimization of used CNC equipment, Advanced Automation provides a cost-effective, high-performance alternative for manufacturers seeking to upgrade their production capabilities without the prohibitive costs of entirely new capital expenditures. This business model positions the firm as a vital partner for industrial facilities aiming to enhance operational efficiency and precision in a competitive global market.
How much funding has Advanced Automation raised?
Advanced Automation has raised a total of $50K across 1 funding round:
Debt
$50K
Debt (2024): $50K with participation from Ready Capital
Key Investors in Advanced Automation
Ready Capital
A multi-strategy real estate finance company that provides debt financing solutions to small and medium-sized businesses across various industrial sectors.
What's next for Advanced Automation?
With the recent influx of capital, Advanced Automation is poised to transition into a more aggressive growth phase. The strategic deployment of these funds will likely focus on scaling its service infrastructure and expanding its technical workforce to accommodate a broader client base. By enhancing its capacity to retrofit complex CNC systems, the company is expected to capture a larger share of the industrial machinery market. Furthermore, the firm is well-positioned to invest in R&D to refine its proprietary retrofitting processes, ensuring that its service offerings remain at the cutting edge of industrial automation. As the company matures through this Series B/C stage, the focus will shift toward long-term sustainability and the potential for geographic expansion beyond its Indiana base, ultimately driving higher throughput and improved service delivery for its industrial partners.
See full Advanced Automation company page
