How Much Did Dependable Hydraulics Raise?
Funding & Key Investors

Dependable Hydraulics has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment marks a pivotal moment for the established hydraulic solutions provider, underscoring its robust market position and future growth potential.

What is Dependable Hydraulics?

Dependable Hydraulics
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Founded in 1960, Dependable Hydraulics operates as a family-owned business specializing in hydraulic repair, service, and sales. With a strong presence in Amityville, New York, and North Branford, Connecticut, the company serves a broad spectrum of industrial and mobile clients. Their comprehensive offerings include a wide range of hydraulic components such as pumps, valves, and motors, alongside custom machine work and on-site repair services. Dependable Hydraulics also maintains a showroom for immediate hydraulic parts and assembly sales, emphasizing a commitment to customer satisfaction through services like free pick-up and delivery.

How much funding has Dependable Hydraulics raised?

Dependable Hydraulics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Dependable Hydraulics

PPP

Public-Private Partnership

What's next for Dependable Hydraulics?

The recent large-scale, late-stage funding indicates Dependable Hydraulics is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives, potentially including the broadening of service areas, investment in advanced repair technologies, or the expansion of their component inventory. The company's long-standing history and commitment to customer service, combined with this new financial backing, position it for continued leadership and innovation within the hydraulic services sector.

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Frequently Asked Questions Regarding Dependable Hydraulics Financial Insights

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