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How Much Did Searchlight Raise?
Funding & Key Investors

Searchlight, a company specializing in custom solutions for real-time process control and automation, has secured $20K in total funding, with its most recent financing round bringing in $20K. This substantial expansion capital indicates a significant Series B/C stage for the Ohio-based firm, positioning it for accelerated growth in the industrial automation sector.

The company's funding history, which includes a notable debt financing of $20M on January 16, 2021, underscores its strategic financial management and capacity to leverage diverse capital sources to fuel its operational expansion and technological advancements.

What is Searchlight?

Searchlight
Business ServicesSoftware Testing

Searchlight LLC, headquartered in Ohio, is a specialized provider of advanced solutions in real-time process control, automation, SCADA systems, and comprehensive systems integration. The company leverages its deep engineering and IT expertise to manage software projects, including the modernization of legacy systems. Their core competencies lie in application development across multiple platforms and the design of sophisticated PLC-based control systems, catering to clients who require cutting-edge automation and precise process control capabilities.

How much funding has Searchlight raised?

Searchlight has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

What's next for Searchlight?

With significant Series B/C stage backing, Searchlight is poised for a period of substantial scaling and innovation. The infusion of expansion capital is expected to accelerate product development, enhance market penetration, and potentially explore strategic acquisitions. The company's focus on custom solutions for process control and automation suggests a trajectory towards becoming a leader in Industry 4.0 technologies, further solidifying its market position through technological leadership and expanded service offerings.

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Frequently Asked Questions Regarding Searchlight Financial Insights

What are the most recent funding rounds that Searchlight has completed, and what were the funding rounds?
Searchlight has recently completed 1 funding rounds: Debt on Jan 16, 2021. What is the total amount of funding Searchlight has raised to date?
Searchlight has raised a total of $20K in funding to date. How many funding rounds has Searchlight completed?
Searchlight has completed 1 funding rounds. How much funding did Searchlight raise in its most recent funding round?
Searchlight raised $20K in its most recent funding round. Who are the lead investors in Searchlight's latest funding round?
The lead investor in Searchlight'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 Searchlight's history?
The largest funding round in Searchlight's history was $20K.
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