How Much Did General Wire Spring Raise?
Funding & Key Investors

General Wire Spring has secured $1M in total capital, with a recent strategic investment of $1M announced on April 15, 2020. This major enterprise-level funding underscores the company's established position and its ongoing strategic initiatives within the industrial manufacturing sector.

What is General Wire Spring?

General Wire Spring
ManufacturingIndustrial Machinery & Equipment

General Wire Spring Company, founded in 1930, is a specialist in the custom design and manufacturing of a wide array of springs, including compression, extension, and torsion types. The company distinguishes itself through rapid turnaround times, competitive pricing, and a strong emphasis on customer service. They offer comprehensive support, including free engineering and design analysis, alongside in-house machining and painting services, catering to a diverse industrial clientele. Their long-standing reputation is built on a foundation of reliability and continuous innovation in the spring manufacturing industry.

How much funding has General Wire Spring raised?

General Wire Spring has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for General Wire Spring?

The recent major strategic investment signifies a pivotal moment for General Wire Spring, likely enabling further expansion of its manufacturing capabilities and technological advancements. This capital infusion is expected to bolster its competitive edge in the custom spring market, potentially facilitating entry into new industrial verticals or enhancing its service offerings to existing clients. The company's focus on quick turnaround and engineering support positions it well for continued growth and adaptation in a dynamic manufacturing landscape.

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Frequently Asked Questions Regarding General Wire Spring Financial Insights

What are the most recent funding rounds that General Wire Spring has completed, and what were the funding rounds?
General Wire Spring has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding General Wire Spring has raised to date?
General Wire Spring has raised a total of $1M in funding to date.
How many funding rounds has General Wire Spring completed?
General Wire Spring has completed 1 funding rounds.
How much funding did General Wire Spring raise in its most recent funding round?
General Wire Spring raised $1M in its most recent funding round.
Who are the lead investors in General Wire Spring's latest funding round?
The lead investor in General Wire Spring'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 General Wire Spring's history?
The largest funding round in General Wire Spring's history was $1M.
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