How Much Did Systematics Raise?
Funding & Key Investors

Systematics, a provider of official resources for Snap-on® MIG and TIG welders and plasma cutters, has secured significant capital, with total funding reaching $441K. The company recently announced a major strategic investment of $291K, underscoring its established position in the market for professional welding equipment and related services.

What is Systematics?

Systematics
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Systematics Inc. serves as the official resource for Snap-on® welding and plasma cutting equipment, offering a comprehensive suite of products and services. The company is recognized for its quality technical support, including self-troubleshooting videos and access to expert technicians, ensuring professionals nationwide can rely on their premium welding gear. Systematics also provides essential parts and manuals for Snap-on machines, catering to both individual users and professional clients seeking robust and dependable equipment solutions.

How much funding has Systematics raised?

Systematics has raised a total of $441K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$291K

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

Debt (2021): $291K led by PPP

Key Investors in Systematics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Systematics?

With a substantial injection of capital, Systematics is poised for continued growth and market expansion. The recent strategic investment, following a history of significant debt financing, indicates a strong confidence in the company's business model and its ability to scale operations. This funding will likely be directed towards enhancing product development, expanding service capabilities, and potentially broadening its market reach within the professional welding equipment sector. The company's focus on quality and technical support positions it well to capitalize on opportunities in a demanding industry.

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Frequently Asked Questions Regarding Systematics Financial Insights

What are the most recent funding rounds that Systematics has completed, and what were the funding rounds?
Systematics has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Systematics has raised to date?
Systematics has raised a total of $441K in funding to date.
How many funding rounds has Systematics completed?
Systematics has completed 2 funding rounds.
How much funding did Systematics raise in its most recent funding round?
Systematics raised $291K in its most recent funding round.
Who are the lead investors in Systematics's latest funding round?
The lead investor in Systematics'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 Systematics's history?
The largest funding round in Systematics's history was $291K.
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