How Much Did Preferred Controls Raise?
Funding & Key Investors

Preferred Controls has secured significant capital, with total funding reaching $389K following a recent major strategic investment of $239K. This latest round underscores the company's established presence and ongoing development within its sector.

What is Preferred Controls?

Preferred Controls
ConstructionArchitecture, Engineering & DesignBusiness Services

Established in 1998, Preferred Controls is a seasoned provider of comprehensive system integration services, complemented by expert consulting and design. The company specializes in water and wastewater control systems, SCADA, plant automation, instrumentation, telemetry communications, and motor control centers. Their extensive experience allows them to adeptly address client requirements and budgetary constraints, delivering optimized solutions across the nation.

How much funding has Preferred Controls raised?

Preferred Controls has raised a total of $389K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$239K

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

Debt (2021): $239K led by PPP

What's next for Preferred Controls?

The substantial large-scale late-stage funding indicates Preferred Controls is poised for significant expansion and operational enhancement. This strategic capital infusion is likely to fuel advancements in their core offerings, potentially involving technological upgrades, market penetration, or the development of new service lines. The company's focus on critical infrastructure sectors suggests a trajectory aimed at solidifying its leadership in automation and control solutions.

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Frequently Asked Questions Regarding Preferred Controls Financial Insights

What are the most recent funding rounds that Preferred Controls has completed, and what were the funding rounds?
Preferred Controls has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Preferred Controls has raised to date?
Preferred Controls has raised a total of $389K in funding to date.
How many funding rounds has Preferred Controls completed?
Preferred Controls has completed 2 funding rounds.
How much funding did Preferred Controls raise in its most recent funding round?
Preferred Controls raised $239K in its most recent funding round.
Who are the lead investors in Preferred Controls's latest funding round?
The lead investor in Preferred Controls'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 Preferred Controls's history?
The largest funding round in Preferred Controls's history was $239K.
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