How Much Did Albritton Machine Raise?
Funding & Key Investors

Albritton Machine has secured $150K in total capital, with its most recent financing round yielding $150K. This major strategic investment underscores the company's established position in the industrial services sector.

What is Albritton Machine?

Albritton Machine
Consumer ServicesRepair Services

Albritton Machine, Inc., based in Odessa, TX, is a seasoned machinist with a national reach, specializing in the comprehensive repair of pumps and rotating equipment since 1974. The company's service portfolio includes critical offerings such as centrifugal pump repair, advanced vibration analysis, and responsive field service work. Albritton Machine prioritizes delivering high-quality workmanship and rapid turnaround times, leveraging experienced technicians to provide accurate diagnoses and efficient repairs. This focus ensures the sustained reliability and optimal efficiency of essential business equipment, minimizing operational downtime for its clientele.

How much funding has Albritton Machine raised?

Albritton Machine has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Albritton Machine?

The substantial backing, indicated by the $150K in overall financing and the recent $150K strategic investment, positions Albritton Machine for significant expansion. This capital infusion is likely to fuel enhancements in service capabilities, potentially expanding their geographic footprint or investing in advanced diagnostic and repair technologies. The company's long-standing history and specialization in critical equipment maintenance suggest a strategic focus on solidifying its market leadership and further optimizing its operational efficiency to meet growing industrial demands.

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Frequently Asked Questions Regarding Albritton Machine Financial Insights

What are the most recent funding rounds that Albritton Machine has completed, and what were the funding rounds?
Albritton Machine has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Albritton Machine has raised to date?
Albritton Machine has raised a total of $150K in funding to date.
How many funding rounds has Albritton Machine completed?
Albritton Machine has completed 1 funding rounds.
How much funding did Albritton Machine raise in its most recent funding round?
Albritton Machine raised $150K in its most recent funding round.
Who are the lead investors in Albritton Machine's latest funding round?
The lead investor in Albritton Machine'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 Albritton Machine's history?
The largest funding round in Albritton Machine's history was $150K.
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