How Much Did Evans Tool & Engineering Raise?
Funding & Key Investors

Evans Tool & Engineering has secured $103K in total financing, with its most recent capital infusion of $103K marking a significant strategic investment. This latest round underscores the company's established presence and ongoing growth trajectory in the precision manufacturing sector.

What is Evans Tool & Engineering?

Evans Tool & Engineering
ManufacturingIndustrial Machinery & Equipment

Founded in 1987 and headquartered in Grand Rapids, Michigan, Evans Tool & Engineering operates as a specialized CNC machine shop. The company is renowned for its precision blue printed parts, catering to demanding clients across the Automotive, Aircraft, and Food Industries. With over three decades of experience, Evans Tool & Engineering leverages advanced CNC milling, grinding, and lathe operations to deliver high-quality, timely results for both short-run and large-scale projects, solidifying its reputation for manufacturing excellence.

How much funding has Evans Tool & Engineering raised?

Evans Tool & Engineering has raised a total of $103K across 1 funding round:

2021

Debt

$103K

Debt (2021): $103K with participation from PPP

What's next for Evans Tool & Engineering?

The substantial backing, characterized as large-scale late-stage funding, suggests Evans Tool & Engineering is poised for significant expansion or strategic initiatives. This capital injection is likely to fuel advancements in technology, capacity enhancement, or market penetration, reinforcing its competitive edge in the precision parts manufacturing landscape. The company's focus on quality and diverse industry service positions it well for continued success and further investment.

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Frequently Asked Questions Regarding Evans Tool & Engineering Financial Insights

What are the most recent funding rounds that Evans Tool & Engineering has completed, and what were the funding rounds?
Evans Tool & Engineering has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Evans Tool & Engineering has raised to date?
Evans Tool & Engineering has raised a total of $103K in funding to date.
How many funding rounds has Evans Tool & Engineering completed?
Evans Tool & Engineering has completed 1 funding rounds.
How much funding did Evans Tool & Engineering raise in its most recent funding round?
Evans Tool & Engineering raised $103K in its most recent funding round.
Who are the lead investors in Evans Tool & Engineering's latest funding round?
The lead investor in Evans Tool & Engineering'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 Evans Tool & Engineering's history?
The largest funding round in Evans Tool & Engineering's history was $103K.
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