How Much Did Abacus IMT Raise?
Funding & Key Investors

Abacus IMT has secured $150K in total funding, with its most recent capital infusion amounting to $150K from a major strategic investment on May 3, 2020. This significant backing underscores the company's established presence and ongoing development within its sector.

What is Abacus IMT?

Abacus IMT
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Abacus Industrial, Mechanical & Technical, Inc., operating as Abacus IMT, is a specialized provider of industrial products and services. The company's core offerings include advanced lubrication systems, ignition systems, and natural gas compressor packages. Complementing its product lines, Abacus IMT delivers comprehensive services such as overhauls, minor repairs, troubleshooting, and installation, all executed with a strong emphasis on quality and client satisfaction. Their extensive inventory features a variety of leading brands, including CPI, Sloan, Graco, and Kenco, ensuring a broad spectrum of lubrication solutions to meet diverse industrial requirements. The company consistently serves clients within the industrial sector, prioritizing timely delivery and adherence to budgetary constraints.

How much funding has Abacus IMT raised?

Abacus IMT has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Abacus IMT

PPP

Public-Private Partnership

What's next for Abacus IMT?

The recent strategic investment of $150K positions Abacus IMT for continued expansion and operational enhancement. As a company that has already achieved large-scale late-stage funding, this latest capital injection is likely to fuel further advancements in their service capabilities and product development. Strategic financing at this stage often indicates a focus on scaling operations, exploring new market opportunities, or investing in technological upgrades to maintain a competitive edge in the industrial products and services landscape. Abacus IMT's commitment to quality and comprehensive service delivery suggests that future growth will likely involve strengthening its market position and potentially broadening its service portfolio.

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Frequently Asked Questions Regarding Abacus IMT Financial Insights

What are the most recent funding rounds that Abacus IMT has completed, and what were the funding rounds?
Abacus IMT has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Abacus IMT has raised to date?
Abacus IMT has raised a total of $150K in funding to date.
How many funding rounds has Abacus IMT completed?
Abacus IMT has completed 1 funding rounds.
How much funding did Abacus IMT raise in its most recent funding round?
Abacus IMT raised $150K in its most recent funding round.
Who are the lead investors in Abacus IMT's latest funding round?
The lead investor in Abacus IMT'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 Abacus IMT's history?
The largest funding round in Abacus IMT's history was $150K.
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