How Much Did Contour Tool & Machine Raise?
Funding & Key Investors

Contour Tool & Machine has secured $286K in total capital, with its most recent financing round bringing in $136K. This significant strategic investment underscores the company's established position in the manufacturing sector and its trajectory for continued expansion. The company's funding history, marked by debt financing rounds in April 2020 and February 2021, indicates a focus on operational scaling and asset acquisition to support its growth initiatives.

What is Contour Tool & Machine?

Contour Tool & Machine
ManufacturingIndustrial Machinery & Equipment

Contour Tool & Machine is a specialist in high-precision CNC machining and the creation of custom tooling solutions. The company serves a diverse clientele across demanding industries such as aerospace, automotive, and medical manufacturing. Their comprehensive service portfolio includes advanced processes like grinding, fabrication, and Electrical Discharge Machining (EDM) wire machining, all engineered to meet stringent tolerance requirements and complex project specifications. Contour Tool & Machine emphasizes quality, efficiency, and transparent communication, offering rapid quoting and adaptable production capabilities to meet the evolving needs of manufacturers, toolmakers, and engineers.

How much funding has Contour Tool & Machine raised?

Contour Tool & Machine has raised a total of $286K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$136K

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

Debt (2021): $136K led by PPP

What's next for Contour Tool & Machine?

With substantial backing and a clear strategic investment, Contour Tool & Machine is poised for accelerated growth and enhanced market penetration. The company's focus on precision machining and custom tooling, combined with its established reputation for quality and reliability, positions it favorably for future development. Future capital deployment is likely to target further technological advancements, capacity expansion, and potentially broader market reach, solidifying its role as a key partner for high-specification manufacturing needs.

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Frequently Asked Questions Regarding Contour Tool & Machine Financial Insights

What are the most recent funding rounds that Contour Tool & Machine has completed, and what were the funding rounds?
Contour Tool & Machine has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Contour Tool & Machine has raised to date?
Contour Tool & Machine has raised a total of $286K in funding to date.
How many funding rounds has Contour Tool & Machine completed?
Contour Tool & Machine has completed 2 funding rounds.
How much funding did Contour Tool & Machine raise in its most recent funding round?
Contour Tool & Machine raised $136K in its most recent funding round.
Who are the lead investors in Contour Tool & Machine's latest funding round?
The lead investor in Contour Tool & 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 Contour Tool & Machine's history?
The largest funding round in Contour Tool & Machine's history was $150K.
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