How Much Did Even Automation Raise?
Funding & Key Investors

Even Automation has successfully secured a significant capital injection, bringing its total cumulative financing to $397K. This latest major strategic investment of $247K underscores the firm's robust position within the industrial technology sector. By leveraging these financial resources, the Bloomington-based integrator continues to solidify its market presence, demonstrating a clear trajectory of growth and operational maturity since its inception in 2016.

What is Even Automation?

Even Automation
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Even Automation LLC operates as a specialized systems integrator, providing high-end robotics, control systems, and process optimization services. The company serves as a critical partner for manufacturers seeking to enhance productivity through advanced machine design, 2D/3D vision guidance, and automated palletizing solutions. By focusing on the intersection of mechanical engineering and software-driven efficiency, Even Automation has established itself as a key player in the industrial automation landscape, helping clients navigate the complexities of modern production environments.

How much funding has Even Automation raised?

Even Automation has raised a total of $397K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$247K

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

Debt (2021): $247K led by PPP

Key Investors in Even Automation

PPP

Public-Private Partnership

What's next for Even Automation?

With this recent infusion of capital, Even Automation is well-positioned to scale its service offerings and expand its footprint in the competitive automation market. The company is expected to prioritize the development of next-generation machine tending technologies and further refine its vision-guided systems. As the manufacturing sector increasingly pivots toward Industry 4.0 standards, Even Automation's strategic focus on maximizing operational efficiency will likely serve as a primary driver for its continued expansion and long-term value creation for its industrial client base.

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Frequently Asked Questions Regarding Even Automation Financial Insights

What are the most recent funding rounds that Even Automation has completed, and what were the funding rounds?
Even Automation has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Even Automation has raised to date?
Even Automation has raised a total of $397K in funding to date.
How many funding rounds has Even Automation completed?
Even Automation has completed 2 funding rounds.
How much funding did Even Automation raise in its most recent funding round?
Even Automation raised $247K in its most recent funding round.
Who are the lead investors in Even Automation's latest funding round?
The lead investor in Even Automation'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 Even Automation's history?
The largest funding round in Even Automation's history was $247K.
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