How Much Did Logic Raise?
Funding & Key Investors

Logic, a prominent player in the automation industry, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its continued growth and market position. This latest financing round follows a history of strategic capital injections, including a notable debt financing event in April 2020.

What is Logic?

Logic
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For four decades, Logic, Inc. has established itself as a leading regional high-tech distributor of industrial hardware and software products. The company's success is built on enduring relationships with top-tier vendors, prioritizing quality, competitive pricing, and reliable delivery to ensure customers receive robust solutions precisely when and where they are needed. Logic demonstrates a company-wide commitment to accountability for the solutions and products it promotes, underpinned by substantial investment in its technical infrastructure, expertise, and personnel to deliver an exceptional customer experience.

How much funding has Logic raised?

Logic has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Logic?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Logic's readiness for accelerated expansion and market penetration. This capital infusion is expected to fuel further development of its distribution network, enhance its product portfolio, and potentially explore new technological frontiers within the automation sector. The company's established track record and vendor partnerships position it well to leverage this financing for sustained growth and increased market share.

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Frequently Asked Questions Regarding Logic Financial Insights

What are the most recent funding rounds that Logic has completed, and what were the funding rounds?
Logic has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Logic has raised to date?
Logic has raised a total of $350K in funding to date.
How many funding rounds has Logic completed?
Logic has completed 1 funding rounds.
How much funding did Logic raise in its most recent funding round?
Logic raised $350K in its most recent funding round.
Who are the lead investors in Logic's latest funding round?
The lead investor in Logic'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 Logic's history?
The largest funding round in Logic's history was $350K.
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