What is Automatic Equipment?
Automatic Group, operating as Automatic Equipment, stands as the preeminent leader in Puerto Rico for the sales, installation, and maintenance of a comprehensive suite of access control systems. Their service portfolio extends to parking systems, power generation solutions, advanced security camera installations, and ongoing maintenance. The company is dedicated to delivering bespoke solutions tailored to meet the specific requirements of clients seeking robust control and security infrastructure.
How much funding has Automatic Equipment raised?
Automatic Equipment has raised a total of $389K across 2 funding rounds:
Debt
$150K
Debt
$239K
Debt (2020): $150K with participation from PPP
Debt (2021): $239K led by PPP
What's next for Automatic Equipment?
With the recent influx of capital, Automatic Equipment is poised for significant expansion and enhancement of its service offerings. The large-scale, late-stage funding suggests a strategic focus on scaling operations, potentially through market penetration, technological advancements in access control, or broadening its service reach within Puerto Rico and potentially beyond. This investment will likely fuel further development in security camera solutions and power generation systems, solidifying its leadership in the access control sector.
See full Automatic Equipment company page
