What is Custom Tool?
Custom Tool, Inc. is a specialist in precision CNC machining, offering advanced services including Swiss-turning and multi-axis milling and turning. The company produces high-quality components and assemblies from a wide array of materials such as carbon and alloy steels, stainless steels, aluminum, titanium, and engineered plastics. Serving diverse industries including aerospace, defense, commercial truck, construction, chemical, automotive, agriculture, marine, and industrial equipment, Custom Tool is committed to stringent quality standards, holding AS9100D and ISO 9001:2015 certifications to ensure product conformity and on-time delivery.
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, particularly the recent strategic investment, positions Custom Tool for significant growth and operational enhancement. This late-stage funding suggests a focus on scaling production capabilities, expanding market reach, and potentially investing in advanced manufacturing technologies. The company's commitment to quality and its broad industry applicability indicate a strong foundation for leveraging this new financing to solidify its market leadership and pursue new opportunities in high-precision component manufacturing.
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