What is Compuweigh?
Compuweigh Corporation stands as a prominent leader in automated truck scale and flow meter data collection and processing systems. The company offers a comprehensive suite of products, including bulk weighing scales, process hopper scales, and facility automation solutions. Leveraging innovative technologies such as SmartTruck and SmartFlow, Compuweigh is dedicated to reducing operational costs for clients across diverse sectors, including agriculture and transportation. Their expertise extends to computerized tracking technology for rail cars and barges, complemented by robust bin inventory software. Compuweigh's commitment to customer satisfaction is evident in its pursuit of industry-first products that establish new benchmarks for the competition.
How much funding has Compuweigh raised?
Compuweigh has raised a total of $993K across 2 funding rounds:
Debt
$350K
Debt
$643K
Debt (2020): $350K with participation from PPP
Debt (2021): $643K led by PPP
Key Investors in Compuweigh
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Compuweigh?
The recent major strategic investment signals a pivotal growth phase for Compuweigh. This capital infusion is expected to fuel further development of its automated weighing and data processing systems, potentially expanding its market reach into new geographical regions or industry verticals. The company's focus on reducing operational costs through technology positions it well for continued expansion and market leadership in the logistics and industrial automation sectors.
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