How Much Did Precision Coatings Raise?
Funding & Key Investors

Precision Coatings has successfully secured a significant capital injection, bringing its total funding to $69K. This latest financing round, which contributed $69K in substantial expansion capital, underscores the firm's robust position within the industrial surface finishing sector. By leveraging this influx of resources, the Cleveland-based entity is poised to accelerate its operational capabilities and solidify its footprint in the competitive manufacturing landscape.

What is Precision Coatings?

Precision Coatings
ManufacturingBuilding MaterialsChemicals & Related Products

Precision Coatings Inc. operates as a specialized provider of high-performance surface finishing solutions, offering a comprehensive suite of services including powder paint, plastisol coating, and fluid bed applications using vinyl and nylon. Based in Cleveland, Ohio, the company serves as a critical link in the industrial supply chain, providing durable and protective finishes for a diverse array of commercial and industrial clients. Their technical proficiency in multiple coating methodologies allows them to address complex material requirements, ensuring that end-products meet rigorous quality and longevity standards. As a key player in the regional manufacturing ecosystem, the firm maintains a reputation for reliability and precision in custom coating applications.

How much funding has Precision Coatings raised?

Precision Coatings has raised a total of $69K across 1 funding round:

2021

Debt

$69K

Debt (2021): $69K with participation from PPP

Key Investors in Precision Coatings

PPP

Public-Private Partnership

What's next for Precision Coatings?

With the recent infusion of capital, Precision Coatings is strategically positioned to scale its infrastructure and enhance its technological throughput. The company is expected to focus on optimizing its fluid bed and powder coating lines to meet the rising demand for high-quality industrial finishes. By prioritizing operational efficiency and capacity expansion, the firm aims to capture a larger share of the custom coating market. Future growth initiatives will likely involve the integration of advanced automation to streamline production cycles, thereby improving lead times for its diverse client base. This phase of development marks a pivotal transition from a regional service provider to a more scalable, high-capacity industrial partner, ensuring long-term sustainability in an evolving manufacturing environment.

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Frequently Asked Questions Regarding Precision Coatings Financial Insights

What are the most recent funding rounds that Precision Coatings has completed, and what were the funding rounds?
Precision Coatings has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Precision Coatings has raised to date?
Precision Coatings has raised a total of $69K in funding to date.
How many funding rounds has Precision Coatings completed?
Precision Coatings has completed 1 funding rounds.
How much funding did Precision Coatings raise in its most recent funding round?
Precision Coatings raised $69K in its most recent funding round.
Who are the lead investors in Precision Coatings's latest funding round?
The lead investor in Precision Coatings'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 Coatings's history?
The largest funding round in Precision Coatings's history was $69K.
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