How Much Did PM Machines Raise?
Funding & Key Investors

PM Machines has secured $24K in total financing, with a recent capital injection of $24K designated for substantial expansion. This funding round, occurring at a significant Series B/C stage, underscores the company's established presence and its strategic move towards scaling operations.

What is PM Machines?

PM Machines
ManufacturingIndustrial Machinery & EquipmentRetail

Established in 1988, PM Machines is a family-owned enterprise specializing in the sale of used CNC machines, fabrication equipment, and support machinery from leading manufacturers such as Haas, Doosan, and Brother. The company serves a dedicated client base primarily in Southern California, offering competitive pricing and a broad selection of industrial equipment. PM Machines has cultivated particular expertise in Haas products, aiming to deliver comprehensive machining solutions that empower businesses to optimize their operational capabilities.

How much funding has PM Machines raised?

PM Machines has raised a total of $24K across 1 funding round:

2021

Debt

$24K

Debt (2021): $24K with participation from PPP

What's next for PM Machines?

With the recent influx of substantial expansion capital, PM Machines is poised for a new phase of growth. This strategic investment is expected to fuel initiatives aimed at broadening its inventory, enhancing its service offerings, and potentially expanding its geographic reach beyond Southern California. The company's focus on turn-key machining solutions, coupled with its expertise in high-demand brands, positions it to capitalize on market opportunities and further solidify its standing in the used industrial equipment sector.

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Frequently Asked Questions Regarding PM Machines Financial Insights

What are the most recent funding rounds that PM Machines has completed, and what were the funding rounds?
PM Machines has recently completed 1 funding rounds: Debt on Feb 14, 2021.
What is the total amount of funding PM Machines has raised to date?
PM Machines has raised a total of $24K in funding to date.
How many funding rounds has PM Machines completed?
PM Machines has completed 1 funding rounds.
How much funding did PM Machines raise in its most recent funding round?
PM Machines raised $24K in its most recent funding round.
Who are the lead investors in PM Machines's latest funding round?
The lead investor in PM Machines'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 PM Machines's history?
The largest funding round in PM Machines's history was $24K.
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