How Much Did Soffa Electric Raise?
Funding & Key Investors

SOFFA Electric has secured $735K in total capital, with its most recent financing round bringing in $385K through a major strategic investment on February 6, 2021. This enterprise-level funding underscores the company's established position in the industrial automation and control systems sector.

What is Soffa Electric?

Soffa Electric
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SOFFA Electric, based in Los Angeles, is a seasoned provider of customized control systems integration and instrumentation solutions. With over 40 years of experience, the company offers a comprehensive suite of services, including process management consulting, system design and integration, and advanced programming. Their expertise serves critical sectors such as utility companies, water and wastewater treatment facilities, and high-tech manufacturing, with a core mission to enhance operational efficiency, reduce costs, and ensure automation reliability and visibility.

How much funding has Soffa Electric raised?

Soffa Electric has raised a total of $735K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$385K

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

Debt (2021): $385K led by PPP

Key Investors in Soffa Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Soffa Electric?

The substantial enterprise-level capital infusion, particularly the recent strategic investment, positions SOFFA Electric for significant growth and potential expansion of its service offerings. This backing is likely to fuel advancements in their secure automation solutions and potentially broaden their market reach within the industrial and municipal sectors. The company's long-standing experience and focus on operational improvements suggest a strategic deployment of these funds to further solidify its competitive advantage and address evolving industry demands for efficiency and reliability.

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Frequently Asked Questions Regarding Soffa Electric Financial Insights

What are the most recent funding rounds that Soffa Electric has completed, and what were the funding rounds?
Soffa Electric has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Soffa Electric has raised to date?
Soffa Electric has raised a total of $735K in funding to date.
How many funding rounds has Soffa Electric completed?
Soffa Electric has completed 2 funding rounds.
How much funding did Soffa Electric raise in its most recent funding round?
Soffa Electric raised $385K in its most recent funding round.
Who are the lead investors in Soffa Electric's latest funding round?
The lead investor in Soffa Electric'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 Soffa Electric's history?
The largest funding round in Soffa Electric's history was $385K.
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