What is Custom Panel & Controls?
Custom Panel & Controls operates as a specialized engineering design firm with a deep-rooted focus on marine electrical systems, controls automation, and bespoke panel fabrication. With a legacy spanning over five decades, the organization provides essential infrastructure support for freight, marine, pump, and utility applications. Their core competencies include the design of complex switchboards, advanced automation integration, and the deployment of custom security systems. By maintaining a high standard of technical reliability, the company serves as a vital partner for industrial clients requiring precision-engineered electrical solutions in demanding maritime environments.
How much funding has Custom Panel & Controls raised?
Custom Panel & Controls has raised a total of $421K across 2 funding rounds:
Debt
$150K
Debt
$271K
Debt (2020): $150K with participation from PPP
Debt (2021): $271K led by PPP
Key Investors in Custom Panel & Controls
PPP
Public-Private Partnership
What's next for Custom Panel & Controls?
With the recent infusion of capital, Custom Panel & Controls is well-positioned to accelerate its operational capacity and expand its service footprint. The company is expected to prioritize the modernization of its fabrication facilities and the enhancement of its automation software suite to meet the evolving demands of the global maritime industry. As the firm transitions through this late-stage growth phase, strategic focus will likely shift toward increasing market share in utility-scale projects and further integrating smart-grid technologies into their existing product portfolio. This financial backing provides the necessary runway to sustain long-term innovation and maintain competitive advantage in a highly specialized niche market.
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