How Much Did Lasercare Raise?
Funding & Key Investors

Lasercare Inc. has secured significant capital, with total funding reaching $294K and a recent strategic investment of $144K. This latest financing round underscores the company's established position in the market and its ongoing growth trajectory.

What is Lasercare?

Lasercare
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Lasercare Inc. specializes in providing responsive, cost-effective service, technical support, and spare parts for TRUMPF CO2 Laser users, serving as a vital alternative to original equipment manufacturer (OEM) services. Founded in 1997 by Alan Webster, a former TRUMPF employee with extensive expertise, the company has built a strong reputation for quality and reliability. Lasercare supports a wide range of TRUMPF CO2 lasers, both new and legacy models, catering to a global customer base. The company's commitment to its employees and a passion for its work are central to its operational philosophy, ensuring high levels of customer satisfaction.

How much funding has Lasercare raised?

Lasercare has raised a total of $294K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$144K

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

Debt (2021): $144K led by PPP

Key Investors in Lasercare

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Lasercare?

With its recent major strategic investment, Lasercare is poised for further expansion and enhancement of its service offerings. This capital infusion is expected to bolster its capabilities in supporting TRUMPF laser users worldwide, potentially leading to advancements in specialized service management software and the expansion of its spare parts facility. The company's late-stage funding context indicates a focus on solidifying its market leadership and potentially exploring new service verticals or geographical markets, reinforcing its role as a critical partner for TRUMPF laser owners.

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Frequently Asked Questions Regarding Lasercare Financial Insights

What are the most recent funding rounds that Lasercare has completed, and what were the funding rounds?
Lasercare has recently completed 2 funding rounds: Debt on Feb 23, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Lasercare has raised to date?
Lasercare has raised a total of $294K in funding to date.
How many funding rounds has Lasercare completed?
Lasercare has completed 2 funding rounds.
How much funding did Lasercare raise in its most recent funding round?
Lasercare raised $144K in its most recent funding round.
Who are the lead investors in Lasercare's latest funding round?
The lead investor in Lasercare'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 Lasercare's history?
The largest funding round in Lasercare's history was $150K.
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