Capable Controls Funding: How Much Did They Raise & Key Investors

How Much Did Capable Controls Raise?
Funding & Key Investors

Capable Controls, a veteran designer and manufacturer of electronic control devices, has secured $150K in cumulative financing, with its most recent capital infusion amounting to $150K. This significant strategic investment underscores the company's established position in the market for gas ignition controls and related products, particularly within the OEM sector.

What is Capable Controls?

Capable Controls

Manufacturing

Test & Measurement Equipment

Appliances

Established in 1990 and headquartered near Chicago with manufacturing in El Paso, Texas, Capable Controls has a proven track record, having delivered over 10 million electronic controls. The company's expertise spans custom and off-the-shelf solutions, including ignition control modules, appliance controls, defrost controls, and liquid level controls for both residential and commercial applications. Their focus on cost-competitive product development tailored to client needs has solidified their role as a key supplier to the OEM market.

How much funding has Capable Controls raised?

Capable Controls has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Capable Controls

PPP

Public-Private Partnership

What's next for Capable Controls?

The company's large-scale, late-stage funding context suggests a strategic push towards expanding market reach, enhancing production capabilities, or potentially developing next-generation control technologies. This capital injection is likely to fuel further growth and innovation, enabling Capable Controls to solidify its competitive advantage in the specialized electronic control device industry and capitalize on emerging opportunities within the gas ignition and broader appliance control sectors.

See full Capable Controls company page

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