How Much Did Precise Grinding Raise?
Funding & Key Investors

Precise Grinding has secured significant capital, with total funding reaching $350K and a recent major strategic investment of $350K. This latest financing round underscores the company's established position and its trajectory for continued expansion within the industrial services sector.

What is Precise Grinding?

Precise Grinding
ManufacturingIndustrial Machinery & Equipment

Precise Grinding is a prominent, family-owned business with three decades of experience in full-service grinding operations. Originating from a modest facility, the company has grown into one of the Pacific Northwest's largest grinding specialists, renowned for its unmatched customer service, high-quality output, and employee dedication. The acquisition of Double Disc grinding capabilities in 2005 broadened its expertise in surface and rotary grinding. The company's recent relocation to a new, larger facility, equipped with machinery capable of grinding components up to 25 inches in diameter and 312 inches in length, offers substantial cost and time savings for clients by reducing the need for long-distance transportation. With an owner possessing a metallurgical background and team leaders with over 20 years of experience in grinding, fabrication, and development, Precise Grinding is well-positioned to manage complex projects beyond just the grinding phase, fostering customer relationships built on trust and evolving to meet industry demands.

How much funding has Precise Grinding raised?

Precise Grinding has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Precise Grinding

PPP

Public-Private Partnership

What's next for Precise Grinding?

The substantial backing, particularly the recent strategic investment, signals Precise Grinding's readiness for its next phase of growth. This capital infusion is likely to fuel further technological advancements, capacity expansion, and potentially market penetration into new industrial sectors. The company's focus on operational efficiency and customer-centric solutions, combined with its deep industry expertise, positions it for sustained success and increased market share. Future developments may include enhancing its service offerings and solidifying its reputation as a leader in precision industrial grinding.

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Frequently Asked Questions Regarding Precise Grinding Financial Insights

What are the most recent funding rounds that Precise Grinding has completed, and what were the funding rounds?
Precise Grinding has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Precise Grinding has raised to date?
Precise Grinding has raised a total of $350K in funding to date.
How many funding rounds has Precise Grinding completed?
Precise Grinding has completed 1 funding rounds.
How much funding did Precise Grinding raise in its most recent funding round?
Precise Grinding raised $350K in its most recent funding round.
Who are the lead investors in Precise Grinding's latest funding round?
The lead investor in Precise Grinding'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 Grinding's history?
The largest funding round in Precise Grinding's history was $350K.
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