How Much Did Control Gaging Raise?
Funding & Key Investors

Control Gaging has solidified its market position through a significant capital infusion, securing a total of $350K to bolster its industrial metrology operations. This recent financing, totaling $350K, represents a major strategic investment aimed at scaling the company's advanced in-process gaging systems. By leveraging this influx of capital, the organization is well-positioned to enhance its manufacturing footprint and accelerate the deployment of its proprietary precision engineering solutions across global industrial sectors.

The firm's trajectory reflects a robust commitment to operational excellence, transitioning from its foundational roots in 1972 to a modern leader in high-precision measurement technology. This latest round of financing underscores investor confidence in the company's ability to navigate the complexities of the current manufacturing landscape while maintaining its reputation for rigorous quality standards.

What is Control Gaging?

Control Gaging
ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment

Control Gaging Incorporated operates as a premier provider of in-process gaging systems, serving critical sectors including aerospace, automotive, marine, and medical device manufacturing. With over five decades of technical expertise, the company specializes in centerless, ID/OD, and disc grinder gages that are essential for maintaining tight tolerances in high-volume production environments. Their flagship Grip-Gage-Go solution serves as a cornerstone of their value proposition, directly addressing the industry-wide demand for lean manufacturing by optimizing cycle times and minimizing the physical footprint required on the factory floor. As an ISO 9001 certified entity, Control Gaging maintains a competitive edge by integrating advanced metrology directly into the production process, thereby reducing scrap rates and enhancing overall equipment effectiveness for its diverse client base.

How much funding has Control Gaging raised?

Control Gaging has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Control Gaging

PPP

Public-Private Partnership

What's next for Control Gaging?

With the successful acquisition of this latest capital, Control Gaging is poised to enter a new phase of strategic expansion. The company is expected to prioritize the integration of next-generation automation features into its existing product suite, further cementing its role as an indispensable partner in the global supply chain. Future initiatives will likely focus on scaling production capacity to meet the rising demand for precision components in the aerospace and medical sectors, where quality assurance is paramount. By reinvesting in research and development, the firm aims to refine its lean manufacturing methodologies, ensuring that its clients can achieve superior throughput without compromising on the exacting standards required by modern industrial applications. This strategic pivot toward enhanced automation and digital integration will be critical in maintaining the company's long-term growth trajectory.

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Frequently Asked Questions Regarding Control Gaging Financial Insights

What are the most recent funding rounds that Control Gaging has completed, and what were the funding rounds?
Control Gaging has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Control Gaging has raised to date?
Control Gaging has raised a total of $350K in funding to date.
How many funding rounds has Control Gaging completed?
Control Gaging has completed 1 funding rounds.
How much funding did Control Gaging raise in its most recent funding round?
Control Gaging raised $350K in its most recent funding round.
Who are the lead investors in Control Gaging's latest funding round?
The lead investor in Control Gaging'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 Control Gaging's history?
The largest funding round in Control Gaging's history was $350K.
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