How Much Did Dependable Metal Treating Raise?
Funding & Key Investors

Dependable Metal Treating, a specialist in heat treatment services for powdered metal and carbon steels, has secured significant capital, with total funding reaching $371K. The company recently announced a major strategic investment of $221K, underscoring its established position in the industrial services sector. This latest financing round, occurring on January 27, 2021, follows previous debt financing rounds in April 2020 and January 2021, indicating a pattern of capital acquisition to support its operations and growth.

What is Dependable Metal Treating?

Dependable Metal Treating
ManufacturingIndustrial Machinery & Equipment

Dependable Metal Treating, Inc. has been a cornerstone in the heat treatment industry for over four decades, offering specialized services such as carburizing, carbonitriding, and tool hardening. Based in Kendallville, Indiana, the company leverages its extensive experience to deliver dependable service, quality, and competitive pricing to a diverse clientele. Their comprehensive facility is equipped to handle a variety of heat treating processes, complemented by additional services including metallurgical analysis and parts washing, positioning them as a preferred partner for industrial heat treating requirements.

How much funding has Dependable Metal Treating raised?

Dependable Metal Treating has raised a total of $371K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$221K

Debt (2020): $150K with participation from PPP

Debt (2021): $221K led by PPP

Key Investors in Dependable Metal Treating

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Dependable Metal Treating?

With a substantial capital infusion indicated by its $371K in total funding and a recent strategic investment of $221K, Dependable Metal Treating is poised for continued expansion and operational enhancement. The company's history of securing debt financing, particularly in recent years, suggests a strategic approach to capital management aimed at strengthening its market presence and service capabilities. As a late-stage company, this latest backing will likely fuel investments in advanced technologies, capacity expansion, and potentially new service offerings to meet evolving industry demands and solidify its competitive advantage in the specialized field of metal heat treatment.

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Frequently Asked Questions Regarding Dependable Metal Treating Financial Insights

What are the most recent funding rounds that Dependable Metal Treating has completed, and what were the funding rounds?
Dependable Metal Treating has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Dependable Metal Treating has raised to date?
Dependable Metal Treating has raised a total of $371K in funding to date.
How many funding rounds has Dependable Metal Treating completed?
Dependable Metal Treating has completed 2 funding rounds.
How much funding did Dependable Metal Treating raise in its most recent funding round?
Dependable Metal Treating raised $221K in its most recent funding round.
Who are the lead investors in Dependable Metal Treating's latest funding round?
The lead investor in Dependable Metal Treating'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 Metal Treating's history?
The largest funding round in Dependable Metal Treating's history was $221K.
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