How Much Did Elpro Raise?
Funding & Key Investors

Elpro, a prominent player in the environmental monitoring sector, has successfully secured a significant capital injection, bringing its total funding to $350K. This latest major strategic investment of $350K underscores the company's robust market position and its ongoing commitment to scaling its sophisticated data logging infrastructure. By leveraging this influx of financing, Elpro continues to solidify its reputation as a critical partner for global pharmaceutical and healthcare entities requiring precise cold chain management.

What is Elpro?

Elpro
ManufacturingTest & Measurement Equipment

Founded in 1986 and headquartered in Marietta, Ohio, with deep Swiss roots, Elpro specializes in the manufacturing of innovative monitoring solutions and data loggers. The company is widely recognized for its expertise in documenting environmental conditions across production facilities, warehouses, and complex cold chain logistics. As the inventor of the LIBERO PDF Logger, Elpro has fundamentally transformed how healthcare organizations manage temperature-sensitive assets, enabling them to reduce manual intervention and accelerate product release times. Their business model centers on integrating high-precision measurement components directly into client workflows, ensuring compliance and quality assurance at every stage of the supply chain.

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 this late-stage funding, Elpro is positioned to accelerate its technological roadmap and expand its footprint in the global life sciences market. The strategic allocation of this capital will likely focus on enhancing the integration capabilities of their measurement components and scaling their turnkey support services. As the demand for automated, compliant, and efficient cold chain solutions continues to rise, Elpro is well-equipped to maintain its competitive edge. Future growth will likely involve deepening its penetration into emerging markets and further refining its digital monitoring ecosystem to meet the evolving regulatory requirements of the pharmaceutical 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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