How Much Did Control Module Raise?
Funding & Key Investors

Control Module has solidified its market position through a series of significant capital injections, culminating in a total funding accumulation of $1.3M. The firm recently secured a major strategic investment of $907K, marking a pivotal moment in its trajectory as it scales its enterprise-level operations. This influx of capital underscores the company's resilience and its capacity to attract substantial debt financing to fuel its long-term infrastructure objectives.

What is Control Module?

Control Module
Business ServicesSoftware TestingElectronics

Headquartered in Enfield, Connecticut, Control Module operates as a global leader in the development of sophisticated systems for workforce data collection, electric vehicle (EV) charging, and comprehensive fleet management. By integrating hardware and software solutions, the company addresses critical operational inefficiencies for large-scale enterprises. Its market position is defined by a commitment to industrial automation and the modernization of infrastructure, providing essential tools that allow organizations to track labor metrics and manage energy-intensive assets with precision. As the demand for sustainable fleet management and efficient workforce tracking grows, Control Module remains at the forefront of the digital transformation of industrial operations.

How much funding has Control Module raised?

Control Module has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$907K

Debt (2020): $350K with participation from PPP

Debt (2021): $907K led by PPP

Key Investors in Control Module

PPP

Public-Private Partnership

Undisclosed Investor

An institutional partner participating in the funding round to support the company's strategic growth initiatives.

Undisclosed Investor

A private capital provider specializing in long-term debt structures for infrastructure and workforce management technology firms.

What's next for Control Module?

With the recent infusion of capital, Control Module is well-positioned to accelerate its product development roadmap and expand its footprint in the rapidly evolving EV charging sector. The strategic allocation of these funds will likely focus on enhancing the scalability of its fleet management platforms and deepening its penetration into global markets that require robust workforce data collection systems. By leveraging this financial backing, the company aims to solidify its competitive advantage, ensuring that its technological ecosystem remains the standard for enterprise-grade infrastructure management. Future growth will be predicated on the successful integration of these new resources into its core service offerings, driving operational excellence for its diverse client base.

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Frequently Asked Questions Regarding Control Module Financial Insights

What are the most recent funding rounds that Control Module has completed, and what were the funding rounds?
Control Module has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Control Module has raised to date?
Control Module has raised a total of $1.3M in funding to date.
How many funding rounds has Control Module completed?
Control Module has completed 2 funding rounds.
How much funding did Control Module raise in its most recent funding round?
Control Module raised $907K in its most recent funding round.
Who are the lead investors in Control Module's latest funding round?
The lead investor in Control Module'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 Module's history?
The largest funding round in Control Module's history was $907K.
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