How Much Did Vis Raise?
Funding & Key Investors

VIS, a company specializing in industrial inspections and predictive maintenance, has recently secured a major strategic investment, adding to its total funding of $910K. The company's latest capital infusion, amounting to $560K, was announced on January 25, 2021, following a previous debt financing round on May 3, 2020.

What is Vis?

Vis
Business ServicesResearch & Development

VIS, LLC, established in March 1984, originated from US Steel's Research Lab, pioneering the use of thermography as a critical tool for evaluating equipment and facilities within the steel industry. The company has since evolved, now employing advanced infrared systems for non-destructive industrial inspections. VIS is committed to continuous improvement, ensuring report accuracy through calibrated equipment and employing ISO and ANST certified, OSHA-trained technicians. Expanding its service portfolio to become a one-stop-shop for Predictive Maintenance Technologies, VIS now offers Vibration Analysis, Condition Monitoring, On-Site dynamic balancing, laser alignment, and Ultrasonic Inspection services, further solidifying its position in industrial diagnostics.

How much funding has Vis raised?

Vis has raised a total of $910K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$560K

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

Debt (2021): $560K led by PPP

Key Investors in Vis

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Vis?

The recent major strategic investment signifies a pivotal moment for VIS, indicating a strong market confidence in its advanced predictive maintenance solutions. This enterprise-level funding is expected to fuel further innovation and expansion of its service offerings, potentially enabling VIS to enhance its technological capabilities, broaden its market reach, and deepen its commitment to providing cutting-edge inspection services across a wider range of industries. The company's trajectory suggests a focus on scaling its operations and solidifying its leadership in industrial diagnostics.

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Frequently Asked Questions Regarding Vis Financial Insights

What are the most recent funding rounds that Vis has completed, and what were the funding rounds?
Vis has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on May 3, 2020.
What is the total amount of funding Vis has raised to date?
Vis has raised a total of $910K in funding to date.
How many funding rounds has Vis completed?
Vis has completed 2 funding rounds.
How much funding did Vis raise in its most recent funding round?
Vis raised $560K in its most recent funding round.
Who are the lead investors in Vis's latest funding round?
The lead investor in Vis'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 Vis's history?
The largest funding round in Vis's history was $560K.
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