How Much Did Precision Automation Raise?
Funding & Key Investors

Precision Automation has secured $56K in total investment, with a recent capital infusion of $56K designated for substantial expansion. This funding round, occurring at a significant Series B/C stage, underscores the company's robust growth trajectory and its strategic importance in the building automation sector.

The latest financing round, which closed on January 23, 2021, saw the company receive $56K in debt financing. This infusion of capital is poised to accelerate Precision Automation's market penetration and operational scaling.

What is Precision Automation?

Precision Automation
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Precision Automation Inc. is a provider of comprehensive building automation, temperature control, and HVAC commercial services. The company specializes in system commissioning, retrofit and replacement, and energy management solutions. Operating locally, Precision Automation focuses on delivering high-quality HVAC control services to targeted industries at competitive price points. Leveraging years of collective expertise, the company is dedicated to optimizing building performance and energy efficiency through its proprietary Campaign Maintenance Strategy. Their services encompass the design, installation, and ongoing maintenance of sophisticated building automation systems across a diverse range of commercial sectors.

How much funding has Precision Automation raised?

Precision Automation has raised a total of $56K across 1 funding round:

2021

Debt

$56K

Debt (2021): $56K with participation from PPP

Key Investors in Precision Automation

PPP

Public-Private Partnership

What's next for Precision Automation?

With the recent substantial expansion capital, Precision Automation is strategically positioned to enhance its service offerings and broaden its market reach. The company's focus on energy efficiency and building performance aligns with current industry trends and regulatory demands, suggesting a strong potential for continued growth. Future initiatives are likely to involve technological advancements in automation systems and an expansion of their service footprint to new geographical markets or industry verticals. The company's ability to secure significant investment at this stage indicates strong investor confidence in its business model and future prospects.

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Frequently Asked Questions Regarding Precision Automation Financial Insights

What are the most recent funding rounds that Precision Automation has completed, and what were the funding rounds?
Precision Automation has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Precision Automation has raised to date?
Precision Automation has raised a total of $56K in funding to date.
How many funding rounds has Precision Automation completed?
Precision Automation has completed 1 funding rounds.
How much funding did Precision Automation raise in its most recent funding round?
Precision Automation raised $56K in its most recent funding round.
Who are the lead investors in Precision Automation's latest funding round?
The lead investor in Precision Automation'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 Precision Automation's history?
The largest funding round in Precision Automation's history was $56K.
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