How Much Did Even Automation Raise?
Funding & Key Investors

Even Automation, a Bloomington, Indiana-based automation integrator, has secured significant capital, with its total funding reaching $397K. The company recently announced a major strategic investment of $247K, underscoring its position in the late-stage funding landscape. This latest financing round is expected to fuel further expansion and development of its advanced automation solutions.

What is Even Automation?

Even Automation
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Even Automation LLC specializes in streamlining operations and maximizing efficiency for its clients through a comprehensive suite of cutting-edge automation solutions. Established in 2016, the company offers expertise in robotics, control systems, and process optimization, including machine design, 2D/3D vision guidance, machine tending, and palletizing and packaging. Their core mission is to drive productivity and growth for businesses by enhancing operational performance through integrated automation strategies.

How much funding has Even Automation raised?

Even Automation has raised a total of $397K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$247K

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

Debt (2021): $247K led by PPP

Key Investors in Even Automation

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Even Automation?

With the recent influx of capital, Even Automation is poised for accelerated growth and innovation. The large-scale, late-stage funding suggests a strategic focus on scaling operations, expanding market reach, and potentially developing new technological advancements in the automation sector. This investment will likely enable the company to enhance its service offerings, strengthen its competitive position, and pursue new opportunities in the rapidly evolving industrial automation market. The company's trajectory indicates a strong commitment to becoming a leader in efficiency and productivity solutions.

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Frequently Asked Questions Regarding Even Automation Financial Insights

What are the most recent funding rounds that Even Automation has completed, and what were the funding rounds?
Even Automation has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Even Automation has raised to date?
Even Automation has raised a total of $397K in funding to date.
How many funding rounds has Even Automation completed?
Even Automation has completed 2 funding rounds.
How much funding did Even Automation raise in its most recent funding round?
Even Automation raised $247K in its most recent funding round.
Who are the lead investors in Even Automation's latest funding round?
The lead investor in Even 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 Even Automation's history?
The largest funding round in Even Automation's history was $247K.
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