How Much Did Micrologic Associates Raise?
Funding & Key Investors

Micrologic Associates has secured $1.3M in total funding, with its most recent capital infusion of $929K occurring on March 18, 2021. This major strategic investment signals a significant phase for the company, which specializes in management systems for the Car Wash and Quick Lube industries.

What is Micrologic Associates?

Micrologic Associates
SoftwareEnterprise Resource Planning (ERP)

Micrologic Associates is a key player in the automotive service technology sector, providing comprehensive management systems tailored for the Car Wash and Quick Lube industries. Their robust product suite includes the LogicWash® system, the WashAssist Remote Management System, and advanced payment kiosks. These solutions are engineered to optimize operational efficiency, drive sales growth, and foster customer loyalty for car wash operators. The company's focus on innovative software and dedicated customer service aims to maximize client revenue and enhance overall business performance.

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

PPP

Public-Private Partnership

What's next for Micrologic Associates?

The recent major strategic investment positions Micrologic Associates for accelerated growth and further innovation within the competitive car wash and quick lube technology market. This capital infusion is expected to fuel the expansion of their product development, enhance their market reach, and potentially explore new service verticals. As the company continues to refine its management and payment systems, it is poised to solidify its leadership position by offering cutting-edge solutions that address the evolving needs of automotive service businesses.

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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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