How Much Did Absolute Turn Raise?
Funding & Key Investors

Absolute Turn, a specialized machining manufacturer headquartered in Wheeling, Illinois, has successfully secured significant capital to bolster its industrial operations. The firm has reached a cumulative financial milestone of $815K, underscored by a recent strategic investment of $465K. This influx of liquidity, primarily structured through debt financing, positions the company to enhance its production capabilities and expand its footprint within the competitive custom metal parts sector.

What is Absolute Turn?

Absolute Turn
ManufacturingIndustrial Machinery & Equipment

Operating at the intersection of precision engineering and industrial manufacturing, Absolute Turn provides comprehensive machining services, including CNC milling and turning. The company distinguishes itself through a collaborative design-to-production model, assisting clients in optimizing cost structures while maintaining rigorous quality standards. By integrating prototyping with full-scale manufacturing, Absolute Turn serves as a critical partner for enterprises requiring bespoke metal components. Their market position is defined by a commitment to technical expertise and operational agility, allowing them to navigate the complexities of modern supply chains while delivering high-precision output for diverse industrial applications.

How much funding has Absolute Turn raised?

Absolute Turn has raised a total of $815K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$465K

Debt (2020): $350K with participation from PPP

Debt (2021): $465K led by PPP

Key Investors in Absolute Turn

PPP

Public-Private Partnership

What's next for Absolute Turn?

With the recent infusion of capital, Absolute Turn is poised to transition into a more aggressive phase of operational scaling. The strategic deployment of these funds will likely focus on upgrading CNC infrastructure and expanding the firm's capacity to handle high-volume, complex manufacturing contracts. As the company leverages its skilled workforce to meet increasing demand, the focus will remain on maintaining the high-quality benchmarks that have defined its reputation. Future growth trajectories suggest a shift toward deeper integration with client design cycles, potentially utilizing the current financial stability to invest in advanced automation technologies that further reduce lead times and enhance competitive pricing in the broader manufacturing landscape.

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Frequently Asked Questions Regarding Absolute Turn Financial Insights

What are the most recent funding rounds that Absolute Turn has completed, and what were the funding rounds?
Absolute Turn has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on May 3, 2020.
What is the total amount of funding Absolute Turn has raised to date?
Absolute Turn has raised a total of $815K in funding to date.
How many funding rounds has Absolute Turn completed?
Absolute Turn has completed 2 funding rounds.
How much funding did Absolute Turn raise in its most recent funding round?
Absolute Turn raised $465K in its most recent funding round.
Who are the lead investors in Absolute Turn's latest funding round?
The lead investor in Absolute Turn'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 Absolute Turn's history?
The largest funding round in Absolute Turn's history was $465K.
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