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How Much Did AutomatedPower Raise?
Funding & Key Investors

AutomatedPower has secured $792K in total capital, with its most recent financing round bringing in $442K in a major strategic investment. This enterprise-level funding underscores the company's established position in the industrial power and controls sector.

What is AutomatedPower?

AutomatedPower
Energy, Utilities & WasteElectricity, Oil & GasArchitecture, Engineering & Design

Founded in 1987 and headquartered in Flowood, MS, AutomatedPower specializes in delivering turnkey projects for industrial power and controls. The company's comprehensive offerings include electrical heat tracing, motor control centers, switchgear, variable frequency drives, and expert engineering consulting. By acting as a franchised distributor for leading electrical switchgear manufacturers, AutomatedPower functions as a comprehensive resource for industrial clients nationwide, serving sites of all scales with integrated solutions.

How much funding has AutomatedPower raised?

AutomatedPower has raised a total of $792K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$442K

Debt (2020): $350K with participation from PPP

Debt (2021): $442K led by PPP

What's next for AutomatedPower?

The substantial enterprise-level funding indicates AutomatedPower is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in their turnkey project capabilities, potentially broadening their service portfolio or increasing their capacity to handle larger-scale industrial power and control system deployments. The company's focus on electrical heat tracing, motor control centers, and switchgear positions it to capitalize on ongoing industrial modernization and infrastructure development.

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Frequently Asked Questions Regarding AutomatedPower Financial Insights

What are the most recent funding rounds that AutomatedPower has completed, and what were the funding rounds?
AutomatedPower has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 4, 2020. What is the total amount of funding AutomatedPower has raised to date?
AutomatedPower has raised a total of $792K in funding to date. How many funding rounds has AutomatedPower completed?
AutomatedPower has completed 2 funding rounds. How much funding did AutomatedPower raise in its most recent funding round?
AutomatedPower raised $442K in its most recent funding round. Who are the lead investors in AutomatedPower's latest funding round?
The lead investor in AutomatedPower'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 AutomatedPower's history?
The largest funding round in AutomatedPower's history was $442K.
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