How Much Did Precise Grinding Raise?
Funding & Key Investors

Precise Grinding has secured $350K in total funding, with its most recent capital infusion amounting to $350K in a major strategic investment. This significant backing underscores the company's established position and its trajectory within the industrial services sector. The company's funding history, marked by this recent strategic investment, points towards a phase of significant growth and operational expansion.

What is Precise Grinding?

Precise Grinding
ManufacturingIndustrial Machinery & Equipment

Precise Grinding is a family-owned and operated business with three decades of experience in full-service grinding facilities. The company has built a reputation for unmatched customer service and high-quality output, growing from a small operation to one of the Pacific Northwest's largest grinding specialists. Their capabilities include Double Disc grinding, Surface grinding, and Rotary grinding, with recent equipment upgrades allowing for the processing of large-diameter and long-length components up to 25" in diameter and 312" in length. This expansion reduces logistical costs for clients by eliminating the need for long-distance transportation of materials. The company's expertise extends beyond grinding to encompass full-service project assistance, leveraging the owner's metallurgical background and the team's extensive experience in fabrication and development. Precise Grinding emphasizes building customer relationships based on trust and continuously evolves 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?

With the recent major strategic investment, Precise Grinding is poised for accelerated growth and enhanced service offerings. The substantial capital infusion is expected to fuel further technological advancements, potentially expanding their capacity and precision capabilities. This strategic backing suggests a focus on solidifying their market leadership, exploring new industry verticals, and potentially increasing their geographic reach. The company's commitment to customer relationships and continuous evolution, combined with this significant financial backing, positions them for sustained success and innovation in the competitive industrial grinding market.

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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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