How Much Did Automatic Equipment Raise?
Funding & Key Investors

Automatic Equipment has secured $389K in total capital, with its most recent funding round bringing in $239K through a major strategic investment. This significant backing underscores the company's established position in the market and its trajectory within the late-stage funding landscape.

What is Automatic Equipment?

Automatic Equipment
Energy, Utilities & WasteElectricity, Oil & GasBusiness Services

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 expertise extends to sophisticated parking systems, robust power generation solutions, advanced security camera installations, and ongoing maintenance services. The company is dedicated to delivering bespoke solutions precisely tailored to meet the unique requirements of each client, catering to businesses and organizations seeking unparalleled control and security infrastructure.

How much funding has Automatic Equipment raised?

Automatic Equipment has raised a total of $389K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$239K

Debt (2020): $150K with participation from PPP

Debt (2021): $239K led by PPP

Key Investors in Automatic Equipment

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Automatic Equipment?

With the infusion of $389K in large-scale, late-stage financing, Automatic Equipment is strategically positioned for continued expansion and operational enhancement. This substantial capital injection is expected to fuel advancements in their service offerings, potentially broadening their market reach within Puerto Rico and solidifying their dominance in the access control and security solutions sector. The focus on strategic investment suggests a commitment to scaling operations and potentially integrating new technologies to maintain their competitive edge.

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Frequently Asked Questions Regarding Automatic Equipment Financial Insights

What are the most recent funding rounds that Automatic Equipment has completed, and what were the funding rounds?
Automatic Equipment has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Automatic Equipment has raised to date?
Automatic Equipment has raised a total of $389K in funding to date.
How many funding rounds has Automatic Equipment completed?
Automatic Equipment has completed 2 funding rounds.
How much funding did Automatic Equipment raise in its most recent funding round?
Automatic Equipment raised $239K in its most recent funding round.
Who are the lead investors in Automatic Equipment's latest funding round?
The lead investor in Automatic Equipment'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 Automatic Equipment's history?
The largest funding round in Automatic Equipment's history was $239K.
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