How Much Did SPBS Raise?
Funding & Key Investors

SPBS has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established position in the market and its trajectory for continued expansion. The context of this large-scale, late-stage funding suggests a pivotal moment for SPBS as it looks to further scale its operations and solidify its market leadership in clinical equipment services.

What is SPBS?

SPBS
Consumer ServicesRepair ServicesBusiness Services

SPBS, Inc. Biomed operates as an employee-owned entity specializing in comprehensive clinical equipment services. Its core offerings encompass repair, maintenance, inventory management, and cybersecurity risk management for medical devices. The company prides itself on delivering high-quality service characterized by rapid response times and adaptable service plans tailored to diverse organizational requirements. SPBS leverages a team of highly qualified technicians to ensure the efficient management of clinical equipment, providing clients with real-time online access to their service records. The organization's strategic aim is to integrate advanced technology within a cost-effective framework, enhancing value for its clientele.

How much funding has SPBS raised?

SPBS has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for SPBS?

The recent major strategic investment positions SPBS for accelerated growth and enhanced service delivery capabilities. As a company in a large-scale, late-stage funding phase, SPBS is likely to focus on expanding its market reach, potentially through acquisitions or deeper penetration into existing markets. Further investment may also be directed towards enhancing its technological infrastructure, particularly in areas like cybersecurity risk management for clinical equipment, and optimizing its service network to maintain its reputation for quick response times and flexible plans. This capital infusion is expected to fortify its competitive advantage in the clinical equipment services sector.

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Frequently Asked Questions Regarding SPBS Financial Insights

What are the most recent funding rounds that SPBS has completed, and what were the funding rounds?
SPBS has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding SPBS has raised to date?
SPBS has raised a total of $350K in funding to date.
How many funding rounds has SPBS completed?
SPBS has completed 1 funding rounds.
How much funding did SPBS raise in its most recent funding round?
SPBS raised $350K in its most recent funding round.
Who are the lead investors in SPBS's latest funding round?
The lead investor in SPBS'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 SPBS's history?
The largest funding round in SPBS's history was $350K.
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