How Much Did Electromatics Raise?
Funding & Key Investors

Electromatics has secured $59K in recent financing, contributing to a total funding amount of $59K. This capital infusion marks a significant stage for the company, likely indicating a Series B or C phase focused on substantial expansion.

What is Electromatics?

Electromatics
Energy, Utilities & WasteElectricity, Oil & GasManufacturing

Electromatics Inc. brings over seven decades of expertise in the design and construction of integration and control systems. Their comprehensive services span from initial concept development and budgeting through manufacturing, installation, and training. As a builder of UL listed Panels, Electromatics adheres to current practices in UL508, NEC, JIC, and NFPA 79 standards. Furthermore, their licensure as an electrical contractor in Minnesota allows them to offer complete turnkey solutions for client projects, ensuring ongoing support and problem resolution post-completion. Their core mission is to simplify operational challenges for their clients.

How much funding has Electromatics raised?

Electromatics has raised a total of $59K across 1 funding round:

2021

Debt

$59K

Debt (2021): $59K with participation from PPP

What's next for Electromatics?

With the recent influx of substantial expansion capital, Electromatics is poised for significant growth. This funding is indicative of a company scaling its operations, potentially expanding its market reach, investing in new technologies, or enhancing its service delivery capabilities. The strategic investment will likely fuel further development in their integration and control systems, reinforcing their position as a leader in providing comprehensive electrical and control solutions.

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Frequently Asked Questions Regarding Electromatics Financial Insights

What are the most recent funding rounds that Electromatics has completed, and what were the funding rounds?
Electromatics has recently completed 1 funding rounds: Debt on Feb 6, 2021.
What is the total amount of funding Electromatics has raised to date?
Electromatics has raised a total of $59K in funding to date.
How many funding rounds has Electromatics completed?
Electromatics has completed 1 funding rounds.
How much funding did Electromatics raise in its most recent funding round?
Electromatics raised $59K in its most recent funding round.
Who are the lead investors in Electromatics's latest funding round?
The lead investor in Electromatics'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 Electromatics's history?
The largest funding round in Electromatics's history was $59K.
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