How Much Did Nicro Raise?
Funding & Key Investors

Nicro has secured $1.3M in total capital, with its most recent funding round bringing in $947K through a major strategic investment. This significant backing underscores the company's established presence and strategic importance within its sector. The company's funding history, marked by debt financing rounds in April 2020 and January 2021, indicates a focus on leveraging financial instruments to support its operations and growth.

What is Nicro?

Nicro
ConstructionConstruction ManagementIndustrial Machinery & Equipment

Nicro Incorporated is a specialized provider of industrial fabrication and mechanical services. The company excels in sheet metal work, plumbing, pipe fitting, millwrighting, and HVAC solutions. Complementing its skilled workforce is a comprehensive industrial fabrication facility, enabling Nicro to offer a competitive advantage through a combination of extensive experience, high-quality workmanship, and a keen focus on budgetary constraints and effective scheduling. This integrated approach positions Nicro as a robust partner for complex industrial projects.

How much funding has Nicro raised?

Nicro has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$947K

Debt (2020): $350K with participation from PPP

Debt (2021): $947K led by PPP

Key Investors in Nicro

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Nicro?

The recent major strategic investment, alongside the substantial total funding Nicro has accumulated, signals a strong confidence in the company's operational capabilities and market position. This capital infusion is likely to fuel further expansion of its fabrication facilities, enhance its service offerings, and potentially broaden its geographic reach. Nicro is well-positioned to capitalize on opportunities in the industrial sector, leveraging its expertise in complex mechanical and fabrication projects to drive future growth and solidify its competitive edge.

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Frequently Asked Questions Regarding Nicro Financial Insights

What are the most recent funding rounds that Nicro has completed, and what were the funding rounds?
Nicro has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Nicro has raised to date?
Nicro has raised a total of $1.3M in funding to date.
How many funding rounds has Nicro completed?
Nicro has completed 2 funding rounds.
How much funding did Nicro raise in its most recent funding round?
Nicro raised $947K in its most recent funding round.
Who are the lead investors in Nicro's latest funding round?
The lead investor in Nicro'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 Nicro's history?
The largest funding round in Nicro's history was $947K.
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