How Much Did JM Test Systems Raise?
Funding & Key Investors

JM Test Systems has secured $5M in total capital, with its most recent financing round bringing in $5M in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory within the critical metrology and test equipment sector.

What is JM Test Systems?

JM Test Systems
Consumer ServicesRepair ServicesBusiness Services

Headquartered in Baton Rouge, Louisiana, JM Test Systems is a comprehensive provider of metrology and test equipment services. Since its inception in 1982, the company has built a robust reputation for delivering NIST-traceable calibration and repair for a wide array of test equipment, including electronic, dimensional, mechanical, biomedical, and safety devices. Operating through multiple fixed laboratory locations and mobile onsite units across the United States, JM Test Systems also engages in test equipment sales and rentals, custom test bench construction, PPE and electrical safety testing, tool repair, field services, and specialized electrical safety training. Its ISO/IEC 17025-accredited laboratories adhere to stringent industry standards such as ANSI/NCSL Z-540-1 and ISO-10012, serving vital industries like utilities, communications, oil and gas, defense contractors, and industrial instrumentation. The company boasts one of the largest test equipment rental inventories in the market.

How much funding has JM Test Systems raised?

JM Test Systems has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

What's next for JM Test Systems?

The recent major strategic investment signals a pivotal moment for JM Test Systems, likely enabling further expansion of its service capabilities, technological advancements in calibration and testing, and potentially broadening its geographic reach. This capital infusion is expected to fortify its position as a leader in the metrology and test equipment market, supporting its mission to provide essential calibration and repair services to a diverse industrial client base. The company's focus on maintaining high accreditation standards and its extensive rental inventory positions it for sustained growth and operational excellence.

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Frequently Asked Questions Regarding JM Test Systems Financial Insights

What are the most recent funding rounds that JM Test Systems has completed, and what were the funding rounds?
JM Test Systems has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding JM Test Systems has raised to date?
JM Test Systems has raised a total of $5M in funding to date.
How many funding rounds has JM Test Systems completed?
JM Test Systems has completed 1 funding rounds.
How much funding did JM Test Systems raise in its most recent funding round?
JM Test Systems raised $5M in its most recent funding round.
Who are the lead investors in JM Test Systems's latest funding round?
The lead investor in JM Test Systems'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 JM Test Systems's history?
The largest funding round in JM Test Systems's history was $5M.
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