How Much Did Parker Precision Raise?
Funding & Key Investors

Parker Precision has successfully secured a significant capital injection, bringing its total funding to $143K. This latest financing round, which accounts for $143K, underscores the company's robust trajectory within the precision manufacturing sector. As a late-stage enterprise, this influx of investment serves to solidify its operational infrastructure and expand its market reach in the competitive Northeast Ohio industrial landscape.

What is Parker Precision?

Parker Precision
ManufacturingIndustrial Machinery & Equipment

Established in 1997, Parker Precision, Inc. has evolved into a premier provider of CNC machining services, distinguished by its ISO 9001:2015 certification and a reputation for rapid, high-quality manufacturing. The firm bridges the gap between prototype development and medium-scale production runs, leveraging over two decades of technical expertise. By maintaining state-of-the-art machinery and a customer-centric service model, the company has secured its position as a critical partner for diverse industrial clients, further validated by industry accolades such as the Gold Link Award.

How much funding has Parker Precision raised?

Parker Precision has raised a total of $143K across 1 funding round:

2021

Debt

$143K

Debt (2021): $143K with participation from PPP

Key Investors in Parker Precision

PPP

Public-Private Partnership

What's next for Parker Precision?

With this major strategic investment, Parker Precision is well-positioned to accelerate its operational scaling and technological integration. The company is expected to prioritize the modernization of its production floor and the enhancement of its rapid-quote digital infrastructure to meet increasing demand. By leveraging this capital, the firm aims to deepen its competitive moat, potentially exploring new vertical markets while maintaining the rigorous quality standards that have defined its growth since inception. The focus remains on long-term value creation through manufacturing excellence and supply chain reliability.

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Frequently Asked Questions Regarding Parker Precision Financial Insights

What are the most recent funding rounds that Parker Precision has completed, and what were the funding rounds?
Parker Precision has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Parker Precision has raised to date?
Parker Precision has raised a total of $143K in funding to date.
How many funding rounds has Parker Precision completed?
Parker Precision has completed 1 funding rounds.
How much funding did Parker Precision raise in its most recent funding round?
Parker Precision raised $143K in its most recent funding round.
Who are the lead investors in Parker Precision's latest funding round?
The lead investor in Parker Precision'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 Parker Precision's history?
The largest funding round in Parker Precision's history was $143K.
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