How Much Did Fab-rite Raise?
Funding & Key Investors

Fab-rite has secured $59K in total capital, with a recent financing round of $59K designated for substantial expansion. This investment positions the company at a significant Series B/C stage, indicating a period of accelerated growth and market penetration in the metal fabrication sector.

The company's latest funding infusion, which occurred on February 3, 2021, underscores a strategic move to bolster its operational capacity and potentially broaden its service offerings. This capital injection is critical for companies at this growth phase, enabling them to scale production, invest in new technologies, and capture a larger market share.

What is Fab-rite?

Fab-rite
ManufacturingIndustrial Machinery & Equipment

FAB-RITE, INC. is a seasoned provider of high-quality metal fabrication services, specializing in aluminum and stainless steel products. Founded in 1987, the company has established a strong reputation for delivering precision cutting and bending services tailored to the needs of businesses and industries requiring custom metal solutions. Their commitment to quality assurance and client satisfaction has cemented their position as a reliable partner in the metal fabrication sector, serving a diverse clientele that depends on bespoke metal components and structures.

How much funding has Fab-rite raised?

Fab-rite has raised a total of $59K across 1 funding round:

2021

Debt

$59K

Debt (2021): $59K with participation from PPP

What's next for Fab-rite?

With the recent influx of substantial expansion capital, Fab-rite is poised for a significant phase of development and scaling. This strategic financing is expected to fuel advancements in their manufacturing capabilities, potentially leading to the adoption of more sophisticated fabrication technologies and an increase in production output. The company's focus will likely shift towards optimizing operations, expanding its client base, and solidifying its competitive edge in the custom metal solutions market. Future growth may involve exploring new material applications or enhancing their service portfolio to meet evolving industry demands.

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Frequently Asked Questions Regarding Fab-rite Financial Insights

What are the most recent funding rounds that Fab-rite has completed, and what were the funding rounds?
Fab-rite has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Fab-rite has raised to date?
Fab-rite has raised a total of $59K in funding to date.
How many funding rounds has Fab-rite completed?
Fab-rite has completed 1 funding rounds.
How much funding did Fab-rite raise in its most recent funding round?
Fab-rite raised $59K in its most recent funding round.
Who are the lead investors in Fab-rite's latest funding round?
The lead investor in Fab-rite'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 Fab-rite's history?
The largest funding round in Fab-rite's history was $59K.
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