What is Parametric Machining?
Founded in 2001 and headquartered in Huntertown, Indiana, Parametric Machining Inc. operates as a Veteran Owned Small Business specializing in high-precision CNC machining. The company maintains rigorous quality standards, evidenced by its ISO-9001 and ISO-13485 certifications. By focusing on complex manufacturing requirements for the aerospace and medical industries, the firm has cultivated a reputation for technical excellence and reliability. Its market position is defined by a commitment to precision engineering, allowing it to serve as a vital link in the supply chains of highly regulated sectors that demand zero-defect manufacturing processes.
How much funding has Parametric Machining raised?
Parametric Machining has raised a total of $270K across 2 funding rounds:
Debt
$150K
Debt
$120K
Debt (2020): $150K with participation from PPP
Debt (2021): $120K led by PPP
Key Investors in Parametric Machining
PPP
Public-Private Partnership
Undisclosed Investors
Undisclosed Investors
What's next for Parametric Machining?
With this late-stage capital, Parametric Machining is well-positioned to optimize its production capacity and further integrate advanced manufacturing technologies. The strategic allocation of these funds will likely focus on scaling operational throughput to meet the increasing demand from its aerospace and medical clientele. As the company navigates its current growth phase, the focus remains on maintaining its stringent quality management systems while potentially expanding its service capabilities to capture a larger share of the precision machining market. The firm's ability to leverage this debt financing effectively will be a key indicator of its future scalability and competitive resilience in the industrial manufacturing landscape.
See full Parametric Machining company page
