How Much Did Preferred Controls Raise?
Funding & Key Investors

Preferred Controls has secured substantial capital, with a total funding amount of $389K. The company recently announced a major strategic investment, bringing in $239K in its latest funding round. This significant financial backing positions Preferred Controls for its next phase of growth and operational expansion in the system integration and automation sector.

What is Preferred Controls?

Preferred Controls
Business ServicesSoftware TestingArchitecture, Engineering & Design

Established in 1998, Preferred Controls is a seasoned provider of comprehensive system integration, consulting, and design services across the United States. The company specializes in water and wastewater control, SCADA systems, plant automation, instrumentation, telemetry communications, and motor control centers. Leveraging decades of experience, Preferred Controls is adept at understanding client system requirements and budgets to deliver optimal solutions, ensuring projects are completed successfully and efficiently.

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

Key Investors in Preferred Controls

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Preferred Controls?

With the recent influx of capital, Preferred Controls is poised to enhance its service offerings and potentially expand its market reach. The large-scale, late-stage funding context suggests a strategic focus on scaling operations, investing in new technologies, and possibly pursuing acquisitions to solidify its position in the industrial automation and control systems market. This investment will likely fuel further innovation in areas like SCADA and plant automation, reinforcing the company's expertise in critical infrastructure management.

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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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