How Much Did Softronics Raise?
Funding & Key Investors

Softronics has secured significant capital, with its total funding reaching $474K and its most recent funding round amounting to $324K. This latest financing round is characterized as a major strategic investment, indicating a pivotal moment for the veteran-owned small business based in Iowa.

What is Softronics?

Softronics
Business ServicesSoftware Testing

Softronics LTD is a veteran-owned small business specializing in the design, manufacturing, and service of advanced electronic equipment and radio systems. The company holds AS9100D and ISO 9001:2015 certifications, underscoring its commitment to quality and operational excellence. With a focus on rapid response and innovation, Softronics delivers reliable solutions for both government and commercial clients. Their comprehensive product portfolio includes power amplifiers, long-range radio systems, energy detectors, and custom machine sensors. Leveraging over 1000 staff-years of collective experience, Softronics is dedicated to providing cost-effective, fully compliant solutions meticulously tailored to meet the unique requirements of each client.

How much funding has Softronics raised?

Softronics has raised a total of $474K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$324K

Debt (2020): $150K with participation from PPP

Debt (2021): $324K led by PPP

Key Investors in Softronics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Softronics?

The large-scale, late-stage funding context suggests Softronics is poised for significant expansion and potentially new market penetration or product development. This strategic investment will likely fuel advancements in their state-of-the-art electronic equipment and radio systems, reinforcing their position in serving government and commercial sectors. The company's focus on rapid response and tailored solutions, combined with its robust certifications, positions it for continued growth and technological leadership in the competitive electronics manufacturing landscape.

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Frequently Asked Questions Regarding Softronics Financial Insights

What are the most recent funding rounds that Softronics has completed, and what were the funding rounds?
Softronics has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Softronics has raised to date?
Softronics has raised a total of $474K in funding to date.
How many funding rounds has Softronics completed?
Softronics has completed 2 funding rounds.
How much funding did Softronics raise in its most recent funding round?
Softronics raised $324K in its most recent funding round.
Who are the lead investors in Softronics's latest funding round?
The lead investor in Softronics'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 Softronics's history?
The largest funding round in Softronics's history was $324K.
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