How Much Did MobileDemand Raise?
Funding & Key Investors

MobileDemand has secured $918K in total capital, with its most recent financing round bringing in $568K in a major strategic investment on February 24, 2021. This latest infusion of capital underscores the company's significant traction and potential within the rugged mobile computing sector.

The company's funding history, which includes prior debt financing rounds, indicates a consistent need for capital to fuel its operations and expansion. The chronological progression of these funding events highlights a sustained growth trajectory.

What is MobileDemand?

MobileDemand
ManufacturingComputer Equipment & Peripherals

Founded in 2003 and headquartered in Hiawatha, Iowa, MobileDemand stands as a prominent technology leader in the realm of rugged tablets and advanced mobile computing solutions. The company is dedicated to enhancing the capabilities of the mobile workforce by integrating a wide array of functionalities into its devices. MobileDemand specializes in the design of sophisticated productivity tools tailored for demanding on-the-go applications. These include integrated solutions for barcode scanning, point-of-sale operations, magnetic stripe reading, PIN pad entry, 3D and thermal imaging, dimension measurement, and robust mounting hardware, all engineered to withstand challenging environments and ensure maximum operational efficiency for its clients.

How much funding has MobileDemand raised?

MobileDemand has raised a total of $918K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$568K

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

Debt (2021): $568K led by PPP

Key Investors in MobileDemand

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for MobileDemand?

The recent major strategic investment positions MobileDemand for accelerated growth and further innovation in the rugged mobile technology market. This capital infusion is expected to bolster the company's product development pipeline, expand its market reach, and enhance its competitive standing. As MobileDemand continues to evolve its offerings, it is poised to capitalize on the increasing demand for durable and feature-rich mobile computing solutions across various industries, including logistics, warehousing, field service, and public safety. The company's strategic focus on empowering the mobile workforce with advanced tools suggests a future centered on expanding its ecosystem of integrated hardware and software solutions.

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Frequently Asked Questions Regarding MobileDemand Financial Insights

What are the most recent funding rounds that MobileDemand has completed, and what were the funding rounds?
MobileDemand has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 10, 2020.
What is the total amount of funding MobileDemand has raised to date?
MobileDemand has raised a total of $918K in funding to date.
How many funding rounds has MobileDemand completed?
MobileDemand has completed 2 funding rounds.
How much funding did MobileDemand raise in its most recent funding round?
MobileDemand raised $568K in its most recent funding round.
Who are the lead investors in MobileDemand's latest funding round?
The lead investor in MobileDemand'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 MobileDemand's history?
The largest funding round in MobileDemand's history was $568K.
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