How Much Did Primex Wireless Raise?
Funding & Key Investors

Primex Wireless has solidified its market position through a series of significant capital injections, culminating in a total funding amount of $1.1M. The most recent strategic investment of $708K underscores the company's ongoing commitment to scaling its enterprise-grade infrastructure solutions. By leveraging debt financing, the organization has successfully maintained its growth trajectory while expanding its footprint in the facility management and automation sector.

What is Primex Wireless?

Primex Wireless
ManufacturingTest & Measurement EquipmentTelecommunication Equipment

Headquartered in Lake Geneva, Wisconsin, Primex Wireless specializes in the development of sophisticated platforms that integrate seamlessly with existing facility network infrastructure. The company provides a comprehensive suite of products designed to automate, monitor, document, and report critical operational data. Their core competencies include precise time synchronization, environmental monitoring, and temperature tracking, which are essential for maintaining compliance and operational efficiency in large-scale institutional environments. By transforming passive infrastructure into an active, data-driven asset, Primex enables organizations to mitigate risks and optimize resource allocation through real-time event monitoring.

How much funding has Primex Wireless raised?

Primex Wireless has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$708K

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

Debt (2021): $708K led by PPP

Key Investors in Primex Wireless

PPP

Public-Private Partnership

What's next for Primex Wireless?

With the infusion of recent capital, Primex Wireless is well-positioned to accelerate its product roadmap and deepen its penetration into the industrial IoT market. The strategic focus will likely shift toward enhancing the interoperability of its monitoring platforms and expanding its reach into new vertical markets that require stringent environmental and event documentation. As the demand for automated facility management continues to rise, Primex is poised to leverage its established network infrastructure expertise to capture additional market share, ensuring that its clients remain at the forefront of operational excellence and regulatory compliance.

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Frequently Asked Questions Regarding Primex Wireless Financial Insights

What are the most recent funding rounds that Primex Wireless has completed, and what were the funding rounds?
Primex Wireless has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Primex Wireless has raised to date?
Primex Wireless has raised a total of $1.1M in funding to date.
How many funding rounds has Primex Wireless completed?
Primex Wireless has completed 2 funding rounds.
How much funding did Primex Wireless raise in its most recent funding round?
Primex Wireless raised $708K in its most recent funding round.
Who are the lead investors in Primex Wireless's latest funding round?
The lead investor in Primex Wireless'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 Primex Wireless's history?
The largest funding round in Primex Wireless's history was $708K.
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