How Much Did Florida Machine Tool Supply Raise?
Funding & Key Investors

Florida Machine Tool Supply has secured $82K in total financing, with a recent capital injection of $82K designated for substantial expansion. This latest funding round, occurring on March 13, 2021, signifies a critical growth phase for the company, likely aligning with Series B or C investment stages, as indicated by the significant capital infusion.

What is Florida Machine Tool Supply?

Florida Machine Tool Supply
Consumer ServicesRepair Services

Florida Machine Tool Supply And Services stands as a premier provider of repair and maintenance for CNC and manual machine tools across South Florida. With an established legacy of 46 years, the company leverages factory-trained technicians to deliver specialized services including preventive maintenance, critical repairs, and system upgrades for a wide array of machinery such as lathes, mills, and grinders. Their expertise extends to machine installation, relocation, and control system diagnostics, all aimed at optimizing operational efficiency and minimizing downtime for clients within the manufacturing sector.

How much funding has Florida Machine Tool Supply raised?

Florida Machine Tool Supply has raised a total of $82K across 1 funding round:

2021

Debt

$82K

Debt (2021): $82K with participation from PPP

Key Investors in Florida Machine Tool Supply

PPP

Public-Private Partnership

What's next for Florida Machine Tool Supply?

The substantial expansion capital recently obtained by Florida Machine Tool Supply positions the company for significant operational scaling and market penetration. This strategic investment is expected to fuel advancements in service capabilities, potentially enabling the expansion of their geographic reach or the enhancement of their technical infrastructure. As a company with a long-standing reputation, this financing will likely reinforce its competitive edge and support its continued growth trajectory in the machine tool services industry.

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Frequently Asked Questions Regarding Florida Machine Tool Supply Financial Insights

What are the most recent funding rounds that Florida Machine Tool Supply has completed, and what were the funding rounds?
Florida Machine Tool Supply has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Florida Machine Tool Supply has raised to date?
Florida Machine Tool Supply has raised a total of $82K in funding to date.
How many funding rounds has Florida Machine Tool Supply completed?
Florida Machine Tool Supply has completed 1 funding rounds.
How much funding did Florida Machine Tool Supply raise in its most recent funding round?
Florida Machine Tool Supply raised $82K in its most recent funding round.
Who are the lead investors in Florida Machine Tool Supply's latest funding round?
The lead investor in Florida Machine Tool Supply'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 Florida Machine Tool Supply's history?
The largest funding round in Florida Machine Tool Supply's history was $82K.
See more information about Florida Machine Tool Supply