How Much Did Micrologic Associates Raise?
Funding & Key Investors

Micrologic Associates has successfully secured a significant capital injection, bringing its total funding to $1.3M. This latest round, characterized by a $929K strategic investment, underscores the company's robust position within the specialized management software market. By leveraging this influx of financing, the firm continues to solidify its footprint as a primary provider of enterprise-grade solutions for the automotive maintenance and car wash sectors.

What is Micrologic Associates?

Micrologic Associates
SoftwareEnterprise Resource Planning (ERP)

Micrologic Associates operates at the intersection of industrial automation and retail management, providing a comprehensive suite of tools tailored for the car wash and quick lube industries. Their flagship offerings, including the LogicWash system and the WashAssist Remote Management System, are engineered to address the complex operational requirements of high-volume service centers. By integrating advanced payment kiosks with sophisticated backend software, the company enables operators to streamline workflows, minimize downtime, and drive customer retention. This technological ecosystem is designed to transform traditional service models into data-driven, high-efficiency operations, effectively maximizing revenue potential for their diverse client base.

How much funding has Micrologic Associates raised?

Micrologic Associates has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$929K

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

Debt (2021): $929K led by PPP

Key Investors in Micrologic Associates

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Micrologic Associates?

With the recent infusion of capital, Micrologic Associates is well-positioned to accelerate its product development roadmap and expand its market reach. The company is expected to focus on enhancing its remote management capabilities and refining its payment processing infrastructure to meet the evolving demands of the digital-first consumer. As the firm transitions into this next phase of growth, the strategic deployment of these funds will likely prioritize the scaling of customer support services and the integration of predictive analytics into their existing software suite. This trajectory suggests a long-term commitment to maintaining a competitive edge in the niche market of automotive service management, ensuring that operators remain equipped with the most advanced tools to navigate an increasingly automated landscape.

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Frequently Asked Questions Regarding Micrologic Associates Financial Insights

What are the most recent funding rounds that Micrologic Associates has completed, and what were the funding rounds?
Micrologic Associates has recently completed 2 funding rounds: Debt on Mar 18, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Micrologic Associates has raised to date?
Micrologic Associates has raised a total of $1.3M in funding to date.
How many funding rounds has Micrologic Associates completed?
Micrologic Associates has completed 2 funding rounds.
How much funding did Micrologic Associates raise in its most recent funding round?
Micrologic Associates raised $929K in its most recent funding round.
Who are the lead investors in Micrologic Associates's latest funding round?
The lead investor in Micrologic Associates'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 Micrologic Associates's history?
The largest funding round in Micrologic Associates's history was $929K.
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