What is Precision Insulation?
Precision Insulation, Inc., founded in 1995 and re-established in 2009, is a Sacramento, California-based mechanical insulation contractor. The company specializes in the fabrication and installation of insulation systems for commercial, industrial, and process systems. With over 100 years of combined experience among its management, estimating, and field staff, Precision Insulation offers expertise in HVAC, plumbing, utility piping, tanks, equipment, wine line insulation, and process and ammonia systems. They also provide fabrication and installation of removable-reusable insulation blankets. The company emphasizes a strong commitment to safety, boasting a flawless safety record and comprehensive insurance coverage, including multi-million dollar liability, workers compensation, and company vehicle insurance.
How much funding has Precision Insulation raised?
Precision Insulation has raised a total of $661K across 2 funding rounds:
Debt
$350K
Debt
$311K
Debt (2020): $350K with participation from PPP
Debt (2021): $311K led by PPP
Key Investors in Precision Insulation
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Precision Insulation?
The recent major strategic investment signals a pivotal phase for Precision Insulation, likely aimed at expanding its operational capacity, enhancing its fabrication capabilities, or pursuing new market opportunities. This capital infusion is expected to bolster the company's ability to undertake larger-scale projects and reinforce its competitive edge in the mechanical insulation industry. Precision Insulation's focus on safety and experienced personnel positions it well for continued growth and market leadership.
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