How Much Did American Slip Meter Raise?
Funding & Key Investors

American Slip Meter has successfully secured a significant capital injection, bringing its total funding to $13K. This latest financing round, which contributed $13K in growth capital, underscores the firm's established position within the specialized industrial safety market. By leveraging this investment, the company aims to solidify its operational footprint and expand its reach in the critical sector of floor safety compliance and risk management.

What is American Slip Meter?

American Slip Meter
ManufacturingTest & Measurement Equipment

Founded in 1993, American Slip Meter has carved out a distinct niche as a premier manufacturer of precision instrumentation for floor safety testing. The company specializes in the production of Tibometers and Slipmeters, including the industry-standard ASM 925 DCOF and ASM 825A SCOF models. These devices are engineered to meet rigorous ANSI and NFSI standards, providing essential data for organizations seeking to mitigate slip and fall liabilities. By offering both portable field units and laboratory-grade equipment, the firm serves a diverse clientele ranging from facility managers to safety consultants, ensuring that floor surfaces maintain optimal friction coefficients to prevent workplace accidents.

How much funding has American Slip Meter raised?

American Slip Meter has raised a total of $13K across 1 funding round:

2021

Debt

$13K

Debt (2021): $13K with participation from PPP

Key Investors in American Slip Meter

PPP

Public-Private Partnership

What's next for American Slip Meter?

With the recent infusion of capital, American Slip Meter is well-positioned to transition from its current growth stage into a period of accelerated market penetration. The strategic focus will likely center on scaling production capabilities to meet the rising demand for safety-compliant infrastructure. Furthermore, the company is expected to invest in research and development to refine its existing product line, ensuring that its testing solutions remain at the forefront of technological advancements in surface friction measurement. As regulatory scrutiny regarding workplace safety continues to intensify, American Slip Meter's commitment to providing reliable, data-driven safety tools will be instrumental in maintaining its competitive advantage and driving long-term value for its stakeholders.

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Frequently Asked Questions Regarding American Slip Meter Financial Insights

What are the most recent funding rounds that American Slip Meter has completed, and what were the funding rounds?
American Slip Meter has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding American Slip Meter has raised to date?
American Slip Meter has raised a total of $13K in funding to date.
How many funding rounds has American Slip Meter completed?
American Slip Meter has completed 1 funding rounds.
How much funding did American Slip Meter raise in its most recent funding round?
American Slip Meter raised $13K in its most recent funding round.
Who are the lead investors in American Slip Meter's latest funding round?
The lead investor in American Slip Meter'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 American Slip Meter's history?
The largest funding round in American Slip Meter's history was $13K.
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