What is Paragon Precision?
Headquartered in Valencia, California, Paragon Precision operates as a premier manufacturer specializing in 4 and 5 axis machining of intricate turbomachinery components. The company serves a diverse portfolio of high-growth sectors, including Aerospace, Defense, Space, Commercial, and Industrial markets. Their technical proficiency spans a wide array of manufacturing disciplines, such as milling, turning, grinding, and electrical discharge machining (EDM).
The firm maintains a rigorous commitment to quality assurance, evidenced by its AS9100 rev D certification and ITAR registration. By integrating advanced CMM inspection protocols, Paragon Precision ensures that its output meets the exacting standards required for mission-critical applications. This operational excellence has established the company as a vital partner for organizations requiring high-precision engineering and reliable, on-time delivery in a volatile industrial landscape.
How much funding has Paragon Precision raised?
Paragon Precision has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Paragon Precision
PPP
Public-Private Partnership
What's next for Paragon Precision?
With the successful closure of this late-stage funding, Paragon Precision is poised to scale its infrastructure to meet the escalating demand for high-complexity turbomachinery. The strategic deployment of this capital will likely focus on expanding production capacity, upgrading machinery to the latest multi-axis standards, and potentially deepening its penetration into the burgeoning space and defense sectors.
As the company transitions into this next phase of growth, the focus will remain on maintaining its stringent quality certifications while optimizing throughput. By aligning its technical roadmap with the evolving needs of its aerospace and industrial clients, Paragon Precision is set to reinforce its status as a critical node in the domestic manufacturing ecosystem, ensuring long-term sustainability and market leadership.
