How Much Did Advanced Automation Raise?
Funding & Key Investors

Advanced Automation has secured $396K in total capital, with its most recent financing round bringing in $246K. This significant strategic investment underscores the company's established presence and its trajectory within the managed IT and computer support sector. The company's history of debt financing, including two rounds totaling $396M, indicates a consistent need for capital to fuel its operations and expansion. The recent funding context points towards a late-stage development phase, suggesting a focus on scaling operations and market penetration.

What is Advanced Automation?

Advanced Automation
Business ServicesSoftware Testing

Advanced Automation Services specializes in providing comprehensive managed IT and computer support solutions tailored for small businesses. Their service portfolio encompasses critical areas such as cybersecurity, cloud computing, network security, and hardware solutions. The company serves a diverse range of industries, including healthcare, dental, education, and nonprofits, with the overarching goal of alleviating IT-related challenges for their clients. By offering proactive support and cost-effective services, Advanced Automation empowers businesses to enhance productivity and drive forward their strategic objectives.

How much funding has Advanced Automation raised?

Advanced Automation has raised a total of $396K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$246K

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

Debt (2021): $246K led by PPP

What's next for Advanced Automation?

With substantial capital backing, Advanced Automation is poised for significant growth and market expansion. The company's focus on essential IT services for small to medium-sized businesses positions it favorably in a market increasingly reliant on robust digital infrastructure and cybersecurity. Future strategies will likely involve enhancing service delivery capabilities, expanding their client base across targeted industries, and potentially exploring new technological integrations to further differentiate their offerings. The company's history of debt financing suggests a disciplined approach to capital management, which will be crucial as they navigate this next phase of scaling and operational enhancement.

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Frequently Asked Questions Regarding Advanced Automation Financial Insights

What are the most recent funding rounds that Advanced Automation has completed, and what were the funding rounds?
Advanced Automation has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Advanced Automation has raised to date?
Advanced Automation has raised a total of $396K in funding to date.
How many funding rounds has Advanced Automation completed?
Advanced Automation has completed 2 funding rounds.
How much funding did Advanced Automation raise in its most recent funding round?
Advanced Automation raised $246K in its most recent funding round.
Who are the lead investors in Advanced Automation's latest funding round?
The lead investor in Advanced Automation'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 Advanced Automation's history?
The largest funding round in Advanced Automation's history was $246K.
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