What is Dependable Hydraulics?
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:
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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