How Much Did Precise Tool Raise?
Funding & Key Investors

Precise Tool has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established position in the enterprise-level manufacturing sector and its trajectory for continued expansion and technological advancement.

What is Precise Tool?

Precise Tool
ManufacturingIndustrial Machinery & Equipment

Precise Tool & Manufacturing is a distinguished provider of CNC machining services, with a core specialization in large part manufacturing, engineering, welding, and fabrication. The company's advanced technological capabilities and commitment to precision cater to a demanding clientele across critical sectors such as aerospace, defense, medical, oil and gas, and power generation. By collaborating closely with executives and project managers, Precise Tool & Manufacturing consistently enhances production efficiency and product quality, adeptly managing both large-scale production runs and bespoke custom manufacturing requirements.

How much funding has Precise Tool raised?

Precise Tool has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Precise Tool

PPP

Public-Private Partnership

What's next for Precise Tool?

The recent major strategic investment signals a pivotal phase for Precise Tool & Manufacturing, likely enabling further investment in advanced CNC technologies, expansion of fabrication capabilities, and potentially broadening its market reach within the aerospace and defense industries. This capital infusion is expected to fortify its competitive edge and support its role as a key partner for complex manufacturing projects.

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Frequently Asked Questions Regarding Precise Tool Financial Insights

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