Is Podium Automation a funded company?

Podium Automation is a funded company, having raised a total of $23M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2025.

When was the latest funding round of Podium Automation?

Podium Automation's latest funding was a $***** Series A round on Jun 15, 2026, with participation from 11 investors.

Where does Podium Automation rank among its competitors?

Podium Automation ranks 22nd amongst 1102 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Podium Automation, which secured $18M in Jun, 2026.

Who are the top competitors of Podium Automation?

Podium Automation's top competitors include Flex, Sick and Elma. Among them, Podium Automation secured the most recent funding round in June, 2026.

Podium Automation - 2026 Company Profile, Funding & Competitors

Podium Automation is a series A company. It operates as a Custom industrial control panel manufacturer, offering design, fabrication, testing, and support. Podium Automation has raised $23M in funding from Andreessen Horowitz and Construct Capital. The company has 1102 active competitors, including 6 funded and 62 that have exited. Its top competitors include companies like Flex, Sick and Elma.

Company Details

Custom industrial control panel manufacturer, offering design, fabrication, testing, and support. It specializes in custom design and engineering of control panels to meet client requirements and industry standards. The company creates electrical schematics and wiring diagrams and handles component selection, including PLCs, HMIs, VFDs, relays, switches, and other power and control devices. It provides enclosure modification, wiring and assembly, and labeling. The company conducts functional and compliance testing and provides documentation, including wiring diagrams, operation manuals, and test reports. It offers device configuration, troubleshooting and repair, upgrades and retrofits, and spare parts and components. The company also provides technical consultation and training programs.

Key Metrics

Stage

Series A

Total Funding

$23M in 2 rounds

Latest Funding Round

Series A, Jun 15, 2026, $*****

Investors

Andreessen Horowitz & 11 more

Ranked

22^nd among 1102 active competitors

Similar Companies

Enovation Controls & 839 more

View Podium Automation's full profile

Podium Automation has raised a total funding of $23M over 2 rounds. Its first funding round was on 2025. Its latest funding round was a Series A round on Jun 15, 2026 for $*****. 11 investors participated in its latest round. Podium Automation has 12 institutional investors.

Here is the list of recent funding rounds of Podium Automation:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2026	2145466	Series A	6715089	6624223	3987516	9852504
2025	2197	Seed	7000	3150	Andreessen Horowitz	SV Angel & 1 more

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Top competitors of Podium Automation include Flex, Sick and Elma. Here is the list of Top 10 competitors of Podium Automation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Flex 1969, San Jose (United States), Public	Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services	$5.06M	Silver Lake, insept7 & 4 others	77/100
2nd	Sick 1946, Waldkirch (Germany), Funding Raised	Manufacturer of sensors and sensor solutions for industrial automation and safety applications	-	BWK, Europa	56/100
3rd	Elma 1960, Fremont (United States), Public	Manufacturer of embedded computing systems, enclosures, components, and precision hardware	-	-	54/100
4th	steute Technologies 1961, Germany, Acquired	Manufacturer of switching devices, intelligent sensors, wireless networks, and networked systems	-	-	52/100
5th	WAGO 1951, Minden (Germany), Unfunded	Provider of automation, electrical interconnection, and interface electronic products	-	-	50/100
6th	Tempsens 1990, Udaipur (India), Public	Manufacturer of thermal engineering solutions including temperature sensing equipment, electrical heating systems, and specialised cables	-	-	49/100
7th	UE Systems 1973, Elmsford (United States), Unfunded	Manufacturer of ultrasonic instruments for predictive maintenance and condition monitoring	-	-	48/100
8th	Enovation Controls 1939, Tulsa (United States), Acquired	Manufacturer of electronic control systems instrumentation and power management hardware	-	-	44/100
9th	Multispan Control Instruments 1986, Ahmedabad (India), Unfunded	Provider of panel-mounted temperature controllers for injection molding, extrusion units, and other plastic processing machinery manufacturers	-	-	44/100
10th	EAO 1947, Shanghai (China), Unfunded	Manufacturer of HMI components, HMI systems , EAO automotive	-	-	44/100
22nd	Podium Automation Series A	Custom industrial control panel manufacturer, offering design, fabrication, testing, and support	$23M	Dell Technologies Capital, Archerman Capital ... & 10 others	37/100