What is Concept Systems?
Concept Systems Inc operates as a specialized provider of industrial automation solutions, addressing complex manufacturing challenges through a comprehensive suite of services. Their core competencies include automation consulting, industrial controls, and the fabrication of sophisticated automation workcells. By integrating proprietary technologies such as the evriiRobot and the OnGuard Collision Avoidance system, the company enables manufacturers to optimize workflows and enhance operational throughput. Their market position is defined by a commitment to high-precision engineering and a consultative approach that bridges the gap between traditional manufacturing and modern, automated efficiency.
How much funding has Concept Systems raised?
Concept Systems has raised a total of $2.7M across 2 funding rounds:
Debt
$1M
Debt
$1.7M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.7M led by PPP
Key Investors in Concept Systems
PPP
Public-Private Partnership
What's next for Concept Systems?
With the recent influx of capital, Concept Systems is poised to transition into a more aggressive growth phase, focusing on the scalability of its automation platforms. The strategic allocation of these funds will likely prioritize the refinement of existing product lines and the expansion of service capabilities to meet the rising demand for smart manufacturing. As the industry shifts toward increased digitization, Concept Systems is strategically aligned to capitalize on the need for reliable, high-performance industrial controls. Future milestones will likely involve deepening market penetration and fostering long-term partnerships with enterprise-level clients seeking to modernize their production environments through advanced robotics and process automation.
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