What is Precise Power?
Headquartered in Charlotte, North Carolina, Precise Power operates as the nation's most established independent service organization dedicated to the power quality arena. The company distinguishes itself through a comprehensive, turnkey approach that integrates sophisticated electrical engineering planning with pioneering digital management systems. By bridging the gap between traditional infrastructure maintenance and modern, data-driven oversight, Precise Power provides critical reliability for complex electrical environments. Its market position is defined by a commitment to operational excellence and a proven track record of delivering high-value technical services to a diverse industrial client base, ensuring that power systems remain resilient and efficient in an increasingly demanding energy landscape.
How much funding has Precise Power raised?
Precise Power has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Precise Power
PPP
Public-Private Partnership
What's next for Precise Power?
With the successful closure of this late-stage financing, Precise Power is poised to enter a new phase of strategic expansion. The capital will likely be deployed to enhance the company's digital management platform, allowing for more predictive maintenance capabilities and broader market penetration. As the demand for reliable power quality solutions continues to rise, the firm is expected to leverage its engineering expertise to capture additional market share, potentially through targeted service diversification or geographic scaling. This investment serves as a critical catalyst for long-term growth, enabling the company to maintain its competitive edge while navigating the evolving requirements of the national power infrastructure.
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