What is Intermatic?
Founded in 1891 and headquartered in Spring Grove, Illinois, Intermatic has evolved into a prominent global entity specializing in the design and manufacturing of electrical and mechanical controls. Its comprehensive product portfolio caters to a wide array of applications, including general lighting, outdoor lighting, irrigation, water heating, HVAC/R, and pool & spa systems. Intermatic's commitment to quality products, technical expertise, and attentive service has solidified its reputation across diverse markets such as facilities, municipalities, manufacturing, agriculture, commercial, residential, and construction.
How much funding has Intermatic raised?
Intermatic has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Intermatic
PPP
Public-Private Partnership
What's next for Intermatic?
With a substantial history and a recent strategic investment, Intermatic is well-positioned for continued expansion and innovation in the energy management sector. The company's focus on developing robust control solutions for various applications suggests a strategic direction towards enhancing energy efficiency and operational performance for its clients. Future endeavors are likely to involve leveraging this capital to further develop its product lines, expand market reach, and potentially explore new technological advancements in smart energy management.
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