How Much Did Control Module Raise?
Funding & Key Investors

Control Module, a prominent player in the industrial technology sector, has successfully secured significant capital to bolster its operational capabilities. The firm has reached a cumulative financing milestone of $1.3M, underscored by a recent strategic investment of $907K. This influx of capital reflects the company's robust trajectory in the workforce management and infrastructure sectors, positioning it for sustained expansion within the competitive enterprise landscape.

What is Control Module?

Control Module
Business ServicesSoftware TestingElectronics

Headquartered in Enfield, Connecticut, Control Module serves as a critical provider of sophisticated systems designed for workforce data collection, electric vehicle (EV) charging infrastructure, and comprehensive fleet management. By integrating hardware and software solutions, the company enables organizations to optimize operational efficiency and maintain rigorous oversight of their distributed assets. Their market position is defined by a commitment to high-reliability systems that address the evolving needs of modern enterprises, particularly as the transition toward electrified transportation and digital workforce management accelerates globally.

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

What's next for Control Module?

With the recent infusion of capital, Control Module is well-positioned to scale its core product offerings and deepen its penetration into the rapidly growing EV charging market. The strategic allocation of these funds will likely focus on research and development to enhance the interoperability of their fleet management platforms and the scalability of their workforce data collection tools. As the company navigates this growth phase, the focus will remain on maintaining its reputation for technical excellence while capturing a larger share of the enterprise-level infrastructure market. Future initiatives are expected to prioritize the integration of advanced analytics to provide clients with actionable insights into their operational workflows and energy consumption patterns.

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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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