How Much Did Paragon Spring Raise?
Funding & Key Investors

Paragon Spring has successfully secured a significant capital injection, bringing its total funding to $32K. This latest financing round, which accounts for $32K, underscores the firm's robust position within the industrial manufacturing sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its high-precision engineering capabilities and further solidify its market presence as a leader in custom spring and wire form production.

What is Paragon Spring?

Paragon Spring
ManufacturingIndustrial Machinery & EquipmentAutomotive Parts

Established in 1945, Paragon Spring Co. operates as a specialized manufacturer of high-precision components, including compression, extension, and torsion springs. The company distinguishes itself through a versatile production model that accommodates short runs, rapid prototyping, and comprehensive stocking programs. With a steadfast commitment to quality, evidenced by its ISO9001:2008 certification, the firm serves a diverse client base by integrating systematic manufacturing processes with a customer-centric service philosophy. Their expertise extends beyond standard spring production to include complex stampings and wire forms, making them a critical partner in the industrial supply chain.

How much funding has Paragon Spring raised?

Paragon Spring has raised a total of $32K across 1 funding round:

2021

Debt

$32K

Debt (2021): $32K with participation from PPP

Key Investors in Paragon Spring

PPP

Public-Private Partnership

What's next for Paragon Spring?

With the recent influx of capital, Paragon Spring is poised to accelerate its operational growth and technological integration. The strategic focus will likely shift toward enhancing production efficiency and expanding its footprint in high-demand sectors that require bespoke engineering solutions. By prioritizing the optimization of its manufacturing infrastructure, the company aims to strengthen its competitive advantage, ensuring that it remains at the forefront of precision component manufacturing while maintaining the rigorous quality standards that have defined its legacy for over seven decades.

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Frequently Asked Questions Regarding Paragon Spring Financial Insights

What are the most recent funding rounds that Paragon Spring has completed, and what were the funding rounds?
Paragon Spring has recently completed 1 funding rounds: Debt on Mar 16, 2021.
What is the total amount of funding Paragon Spring has raised to date?
Paragon Spring has raised a total of $32K in funding to date.
How many funding rounds has Paragon Spring completed?
Paragon Spring has completed 1 funding rounds.
How much funding did Paragon Spring raise in its most recent funding round?
Paragon Spring raised $32K in its most recent funding round.
Who are the lead investors in Paragon Spring's latest funding round?
The lead investor in Paragon 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 Paragon Spring's history?
The largest funding round in Paragon Spring's history was $32K.
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