What is Custom Tool?
Custom Tool, Inc. is a specialized provider of precision CNC machining services, adept at Swiss-turning and multi-axis milling and turning to produce high-quality components and assemblies. The company demonstrates versatility by working with a wide array of materials, including carbon and alloy steels, stainless steels, aluminum, titanium, and engineered plastics. Its client base spans critical industries such as aerospace, defense, commercial truck, construction, chemical, automotive, agriculture, marine, and industrial equipment. Adherence to AS9100D and ISO 9001:2015 standards highlights Custom Tool's commitment to quality, ensuring both on-time delivery and product conformity for its diverse clientele.
How much funding has Custom Tool raised?
Custom Tool has raised a total of $146K across 1 funding round:
Debt
$146K
Debt (2021): $146K with participation from PPP
Key Investors in Custom Tool
PPP
Public-Private Partnership
What's next for Custom Tool?
The substantial capital infusion, indicated by the large-scale late-stage funding context, positions Custom Tool for significant operational expansion and strategic market penetration. This investment is likely to fuel advancements in manufacturing capabilities, potentially through the acquisition of new machinery, enhancement of R&D efforts, or expansion into new geographic markets. The company's focus on high-precision components for demanding industries suggests a strategic direction towards solidifying its market leadership and capitalizing on growing demand for advanced manufacturing solutions.
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