How Much Did Elpro Raise?
Funding & Key Investors

Elpro, a Swiss manufacturer of innovative monitoring solutions and data loggers, has secured a total funding amount of $350K. The company recently announced a major strategic investment of $350K, underscoring its position in the market. This latest capital infusion follows a significant debt financing round on April 10, 2020, where $350K was raised.

What is Elpro?

Elpro
ManufacturingTest & Measurement Equipment

Founded in 1986 and headquartered in Marietta, Ohio, ELPRO is a key player in providing advanced monitoring solutions and data loggers for critical environmental conditions within production facilities, warehouses, and the cold chain. The company partners with clients to integrate its measurement components into their operational workflows, emphasizing quality across service, technology, and customer support. ELPRO is particularly recognized for its role in simplifying cold chain management for pharmaceutical and healthcare companies worldwide with its LIBERO PDF Logger, aiming to reduce manual work and accelerate release times.

How much funding has Elpro raised?

Elpro has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Elpro

PPP

Public-Private Partnership

What's next for Elpro?

With its recent large-scale late-stage funding and a recent strategic investment, Elpro is poised for significant expansion and technological advancement. The company's focus on the pharmaceutical and healthcare sectors, particularly in ensuring cold chain integrity, aligns with growing global demands for stringent quality control and supply chain visibility. Future growth is likely to involve further development of its monitoring solutions, expanding its market reach, and potentially exploring new applications for its data logging technology. This strategic backing will enable Elpro to enhance its offerings and solidify its competitive advantage in a critical industry.

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Frequently Asked Questions Regarding Elpro Financial Insights

What are the most recent funding rounds that Elpro has completed, and what were the funding rounds?
Elpro has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Elpro has raised to date?
Elpro has raised a total of $350K in funding to date.
How many funding rounds has Elpro completed?
Elpro has completed 1 funding rounds.
How much funding did Elpro raise in its most recent funding round?
Elpro raised $350K in its most recent funding round.
Who are the lead investors in Elpro's latest funding round?
The lead investor in Elpro'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 Elpro's history?
The largest funding round in Elpro's history was $350K.
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