How Much Did Electromatics Raise?
Funding & Key Investors

Electromatics has secured $59K in total funding, with a recent capital infusion of $59K designated for substantial expansion. This financing round positions the company at a significant Series B/C stage, indicating a strong trajectory for growth and market penetration in the industrial control systems sector.

What is Electromatics?

Electromatics
Energy, Utilities & WasteElectricity, Oil & GasManufacturing

Electromatics Inc. is a seasoned player in the design and construction of integration and control systems, boasting over 70 years of comprehensive experience. Their expertise spans the entire project lifecycle, from initial concept and budgeting through design, manufacturing, installation, and startup. 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 services, ensuring a seamless and reliable experience for their clients. The company's commitment extends beyond project completion, offering ongoing support to address any unforeseen issues and simplify operational management for their customers.

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

Key Investors in Electromatics

PPP

Public-Private Partnership

What's next for Electromatics?

With the recent substantial expansion capital, Electromatics is poised to accelerate its growth initiatives. This strategic investment will likely fuel advancements in their integration and control system offerings, potentially expanding manufacturing capabilities and enhancing their service infrastructure. The company's established reputation for quality and comprehensive project management, combined with this new financial backing, suggests a focus on capturing greater market share and solidifying its position as a leader in providing robust, reliable, and compliant electrical 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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