What is Intermatic?
Founded in 1891 and headquartered in Spring Grove, Illinois, Intermatic has evolved into a global leader in designing and manufacturing electrical and mechanical controls. Its comprehensive product portfolio serves a wide array of applications, including general and outdoor lighting, irrigation, water heating, HVAC/R, and pool & spa systems. Intermatic's commitment to quality, technical expertise, and attentive service has solidified its reputation across diverse markets such as facilities management, 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?
The recent major strategic investment signals Intermatic's readiness for its next phase of expansion and innovation. With a deep history and a broad product offering, the company is well-positioned to leverage this new capital to enhance its existing solutions and potentially explore new market segments within the energy management landscape. This backing is expected to fuel further development and reinforce its competitive edge in a dynamic industry.
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