How Much Did Dependable Controls Services Raise?
Funding & Key Investors

Dependable Controls Services has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a cumulative capital infusion reaching $313K, the firm continues to solidify its market presence. This latest financing round, totaling $163K, underscores the company's robust growth profile and its critical role in supporting the industrial infrastructure of New England.

What is Dependable Controls Services?

Dependable Controls Services
Business ServicesResearch & DevelopmentConsumer Services

Dependable Controls Services LLC operates as a specialized provider of on-site calibration and validation services for industrial electrical control systems. By focusing on the manufacturing and machining sectors, the company addresses the essential need for high-uptime reliability in complex machinery. Their service portfolio, which includes precision installations, infrared scanning, and mechanical calibration, is bolstered by a 24/7 on-call support model. This operational strategy ensures that clients maintain peak efficiency, effectively mitigating the risks associated with equipment failure in high-stakes industrial environments.

How much funding has Dependable Controls Services raised?

Dependable Controls Services has raised a total of $313K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$163K

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

Debt (2021): $163K led by PPP

Key Investors in Dependable Controls Services

PPP

Public-Private Partnership

What's next for Dependable Controls Services?

The recent capital injection positions Dependable Controls Services to scale its technical workforce and expand its geographic footprint. Given the firm's late-stage funding status, the strategic focus will likely shift toward optimizing service delivery through advanced diagnostic technologies and potentially diversifying into predictive maintenance software. By leveraging this investment, the company is well-equipped to enhance its competitive advantage in the industrial services market, ensuring long-term sustainability and continued support for its diverse client base.

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Frequently Asked Questions Regarding Dependable Controls Services Financial Insights

What are the most recent funding rounds that Dependable Controls Services has completed, and what were the funding rounds?
Dependable Controls Services has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Dependable Controls Services has raised to date?
Dependable Controls Services has raised a total of $313K in funding to date.
How many funding rounds has Dependable Controls Services completed?
Dependable Controls Services has completed 2 funding rounds.
How much funding did Dependable Controls Services raise in its most recent funding round?
Dependable Controls Services raised $163K in its most recent funding round.
Who are the lead investors in Dependable Controls Services's latest funding round?
The lead investor in Dependable Controls Services'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 Dependable Controls Services's history?
The largest funding round in Dependable Controls Services's history was $163K.
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