How Much Did Scales.com Raise?
Funding & Key Investors

Scales.com has successfully secured a significant capital injection, bringing its total funding to $40.9M. This latest infusion of $150K represents a major strategic investment aimed at fortifying the company's position as the premier digital marketplace for the industrial weighing and measurement sector. By consolidating its financial standing, the firm is well-positioned to accelerate its growth trajectory and expand its comprehensive suite of B2B industrial services.

The company's funding history reflects a disciplined approach to capital allocation, moving from initial Series A backing to subsequent Series B expansion and debt financing. This progression underscores the firm's ability to attract institutional interest while maintaining a focus on long-term operational sustainability within the niche industrial measurement market.

What is Scales.com?

Scales.com
Media & InternetData Collection & Internet Portals

Scales.com operates as the definitive digital ecosystem for the industrial weighing and measurement industry. By providing an expansive international directory of manufacturers, service providers, and industry specialists, the platform serves as a critical nexus for industrial procurement and networking. Beyond its directory capabilities, the company offers a robust suite of resources including product case studies, industry-specific news, and classified advertising, effectively digitizing a traditionally fragmented supply chain segment. Its market position is characterized by high barriers to entry, as it aggregates fragmented data into a centralized, high-utility interface for industrial professionals.

How much funding has Scales.com raised?

Scales.com has raised a total of $40.9M across 3 funding rounds:

2018

Series A

$22.7M

Series B

$18M

2020

Debt

$150K

Series A (2018): $22.7M with participation from Accel

Series B (2018): $18M, investors not publicly disclosed

Debt (2020): $150K supported by PPP

Key Investors in Scales.com

Accel

Accel Inc. is a specialized contract packaging and assembly firm that provides scalable operational solutions, often focusing on engineering innovation and diverse labor models for complex industrial projects.

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed institutional backer that participated in the Series B funding round to support the company's strategic growth initiatives.

What's next for Scales.com?

With the recent capital deployment, Scales.com is expected to prioritize the enhancement of its digital infrastructure and the expansion of its subscription-based service offerings. The strategic focus will likely shift toward deepening the integration of its marketplace tools, potentially incorporating advanced analytics or predictive maintenance features for its industrial user base. As the company scales, it will likely leverage its existing network of manufacturers and service providers to capture a larger share of the industrial procurement spend, further cementing its role as an essential utility for the global measurement and weighing sector. The firm's ability to maintain its competitive advantage will depend on its capacity to scale its platform features while continuing to attract high-value industry participants.

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Frequently Asked Questions Regarding Scales.com Financial Insights

What are the most recent funding rounds that Scales.com has completed, and what were the funding rounds?
Scales.com has recently completed 3 funding rounds: Debt on Apr 30, 2020, Series B on Aug 7, 2018, Series A on Aug 7, 2018.
What is the total amount of funding Scales.com has raised to date?
Scales.com has raised a total of $40.9M in funding to date.
How many funding rounds has Scales.com completed?
Scales.com has completed 3 funding rounds.
How much funding did Scales.com raise in its most recent funding round?
Scales.com raised $150K in its most recent funding round.
Who are the lead investors in Scales.com's latest funding round?
The lead investor in Scales.com'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 Scales.com's history?
The largest funding round in Scales.com's history was $22.7M.
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