What is Krevitz?
Krevitz operates as a fifth-generation, family-owned entity specializing in sophisticated systems for managing industrial waste coolants and scrap metals. The company's core mission is to provide customized solutions that address the critical needs of manufacturers across Pennsylvania, Delaware, Maryland, New York, and New Jersey. By focusing on cost reduction, space optimization, and enhanced safety protocols, Krevitz offers a comprehensive suite of services, including bespoke waste stream systems, essential coolant maintenance programs, and dependable recycling solutions for both ferrous and non-ferrous metals. Their expertise is tailored to meet the diverse challenges encountered by sectors such as CNC machine shops, fabricators, and original equipment manufacturers (OEMs).
How much funding has Krevitz raised?
Krevitz has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Krevitz?
The substantial backing indicated by $150K suggests Krevitz is in a mature growth phase, likely leveraging this capital for further operational scaling, technological advancements in waste management, and potentially expanding its service footprint into new geographic markets. The recent strategic investment, valued at $150K, signals strong confidence from financial partners in Krevitz's business model and its capacity to innovate within the industrial services landscape. Future developments may include enhanced automation in their systems or expanded offerings in environmental compliance consulting.
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