How Much Did Control Devices Raise?
Funding & Key Investors

Control Devices has successfully secured a significant capital infusion, marking a pivotal moment in its corporate evolution. With a cumulative total funding amount reaching $454K, the organization continues to solidify its footprint within the competitive Test & Measurement Equipment sector. The most recent financing round, which contributed $304K to the company balance sheet, underscores a robust commitment to scaling operations and enhancing technical capabilities. This late-stage debt financing reflects strong institutional confidence in the firm's long-term operational viability and its strategic roadmap for industrial instrumentation dominance.

What is Control Devices?

Control Devices
ManufacturingTest & Measurement Equipment

Headquartered in Broken Arrow, Oklahoma, Control Devices Inc. operates as a specialized entity within the high-precision Test & Measurement Equipment industry. By maintaining a lean workforce of 20 to 49 professionals, the company has demonstrated remarkable agility in delivering technical solutions that meet rigorous industrial standards. With annual revenues currently positioned in the 1M to 5M range, the firm serves as a critical node in the supply chain for diagnostic and analytical hardware. Their market position is defined by a focus on reliability and precision, catering to clients who require exacting standards in measurement accuracy and equipment performance.

How much funding has Control Devices raised?

Control Devices has raised a total of $454K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$304K

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

Debt (2021): $304K led by PPP

Key Investors in Control Devices

PPP

Public-Private Partnership

What's next for Control Devices?

Looking ahead, the infusion of capital is expected to catalyze the next phase of growth for Control Devices. By leveraging this recent debt financing, the company is well-positioned to optimize its manufacturing processes and potentially expand its product portfolio to address emerging demands in the measurement technology landscape. Strategic priorities will likely include the modernization of internal testing infrastructure and the pursuit of market share gains in the broader industrial sector. As the company transitions through this late-stage development cycle, the focus remains on sustaining revenue growth while maintaining the operational excellence that has defined its tenure in the Oklahoma technology ecosystem.

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Frequently Asked Questions Regarding Control Devices Financial Insights

What are the most recent funding rounds that Control Devices has completed, and what were the funding rounds?
Control Devices has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Control Devices has raised to date?
Control Devices has raised a total of $454K in funding to date.
How many funding rounds has Control Devices completed?
Control Devices has completed 2 funding rounds.
How much funding did Control Devices raise in its most recent funding round?
Control Devices raised $304K in its most recent funding round.
Who are the lead investors in Control Devices's latest funding round?
The lead investor in Control Devices'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 Control Devices's history?
The largest funding round in Control Devices's history was $304K.
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