How Much Did Precise Digital Raise?
Funding & Key Investors

Precise Digital has successfully secured a significant capital injection, bringing its total funding to $49K. This latest financing round, which accounts for $49K, underscores the firm's robust growth trajectory within the specialized legal technology sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and solidify its footprint in the judicial recording market.

The infusion of resources marks a pivotal moment for the organization as it transitions from a niche provider to a dominant player in courtroom infrastructure. This strategic backing provides the necessary liquidity to accelerate product development and enhance service delivery for its diverse public sector clientele.

What is Precise Digital?

Precise Digital
Business ServicesSoftware TestingSoftware

Precise Digital operates at the intersection of judicial infrastructure and advanced digital recording technology. The company specializes in high-fidelity interview room and court recording systems, offering a comprehensive suite of solutions that include the InVidia SR software and the InVidia SRx NVR for multi-room environments. By focusing on user-centric design, the firm minimizes operational disruption, ensuring that federal, state, and municipal entities can maintain seamless record-keeping workflows.

Their market position is further strengthened by their GSA contract-ready status, which facilitates streamlined procurement for government agencies. Beyond hardware and software, Precise Digital distinguishes itself through professional installation and rigorous training services, effectively positioning itself as an end-to-end partner for modernizing judicial facilities across the country.

How much funding has Precise Digital raised?

Precise Digital has raised a total of $49K across 1 funding round:

2021

Debt

$49K

Debt (2021): $49K with participation from PPP

Key Investors in Precise Digital

PPP

Public-Private Partnership

What's next for Precise Digital?

With the recent influx of capital, Precise Digital is poised to expand its market share by targeting broader municipal and federal adoption of its digital evidence platforms. The strategic roadmap likely involves enhancing the scalability of the InVidia SRx NVR systems to meet the increasing demand for multi-room, high-security recording environments. Furthermore, the company is expected to invest in R&D to integrate advanced analytics and cloud-based storage capabilities, addressing the evolving needs of the legal sector for secure, accessible, and searchable video evidence.

As the firm continues to navigate the complexities of government procurement, the focus will remain on maintaining its reputation for reliability and ease of use. This phase of growth will likely see the company scaling its professional services team to support larger, more complex installations, thereby reinforcing its competitive advantage in the public sector technology landscape.

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Frequently Asked Questions Regarding Precise Digital Financial Insights

What are the most recent funding rounds that Precise Digital has completed, and what were the funding rounds?
Precise Digital has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding Precise Digital has raised to date?
Precise Digital has raised a total of $49K in funding to date.
How many funding rounds has Precise Digital completed?
Precise Digital has completed 1 funding rounds.
How much funding did Precise Digital raise in its most recent funding round?
Precise Digital raised $49K in its most recent funding round.
Who are the lead investors in Precise Digital's latest funding round?
The lead investor in Precise Digital'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 Precise Digital's history?
The largest funding round in Precise Digital's history was $49K.
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