How Much Did BIS Automation Raise?
Funding & Key Investors

BIS Automation has secured $354K in total capital, with its most recent financing round bringing in $204K through a major strategic investment on February 18, 2021. This significant backing underscores the company's established presence in the industrial electronics and automation sector, positioning it for continued expansion and technological advancement.

What is BIS Automation?

BIS Automation
Business ServicesSoftware Testing

BIS Automation, Inc. has evolved from its origins as a motor repair shop in 1923 into a global provider of premier industrial electronics and automation solutions. The company serves a diverse array of industries, including Pulp & Paper, Packaging, Metals, Automotive, and Agriculture, among others. BIS Automation distinguishes itself through a customer-centric philosophy, emphasizing strong partnerships, superior customer service, and robust after-sale support. Their comprehensive offerings span sales, engineering, services, and outsourced solutions, providing turnkey capabilities for projects ranging from small modernizations to plant-wide expansions. The company's commitment to quality and expertise has earned it industry-wide respect and a preferred partnership status with the US Government.

How much funding has BIS Automation raised?

BIS Automation has raised a total of $354K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$204K

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

Debt (2021): $204K led by PPP

Key Investors in BIS Automation

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for BIS Automation?

With substantial late-stage funding, BIS Automation is poised to further solidify its market leadership and drive innovation in industrial automation. The recent strategic investment signals confidence in the company's long-term growth trajectory and its capacity to deliver advanced solutions. This capital infusion will likely support enhanced research and development, expansion of service capabilities, and potentially strategic acquisitions to broaden its technological portfolio and market reach. The focus will remain on leveraging its deep industry experience to meet the evolving demands of its global clientele and government partners, ensuring continued operational excellence and customer success.

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Frequently Asked Questions Regarding BIS Automation Financial Insights

What are the most recent funding rounds that BIS Automation has completed, and what were the funding rounds?
BIS Automation has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 5, 2020.
What is the total amount of funding BIS Automation has raised to date?
BIS Automation has raised a total of $354K in funding to date.
How many funding rounds has BIS Automation completed?
BIS Automation has completed 2 funding rounds.
How much funding did BIS Automation raise in its most recent funding round?
BIS Automation raised $204K in its most recent funding round.
Who are the lead investors in BIS Automation's latest funding round?
The lead investor in BIS 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 BIS Automation's history?
The largest funding round in BIS Automation's history was $204K.
See more information about BIS Automation