How Much Did Precision Machine Raise?
Funding & Key Investors

Precision Machine has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment totaling $555K. The company's overall financial backing now stands at $905K, reflecting its established presence and growth trajectory in the custom machining solutions sector. This substantial backing underscores the market's confidence in Precision Machine's operational model and its capacity for continued expansion.

What is Precision Machine?

Precision Machine
ManufacturingIndustrial Machinery & Equipment

Precision Machine, Inc. has been a key player in assisting businesses with manufacturing challenges for nearly 25 years, offering specialized custom machining solutions. The company distinguishes itself through a commitment to timely and efficient project completion, underpinned by a strong ethos of integrity and personalized customer relationships. Their service portfolio includes rapid estimating, ensuring clients receive accurate and dependable outcomes tailored to their unique requirements. Precision Machine primarily targets engineers, innovators, and business owners, prioritizing exceptional customer service and robust project management to deliver value and foster long-term partnerships.

How much funding has Precision Machine raised?

Precision Machine has raised a total of $905K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$555K

Debt (2020): $350K with participation from PPP

Debt (2021): $555K led by PPP

What's next for Precision Machine?

The recent major strategic investment signifies a pivotal moment for Precision Machine, likely enabling the company to accelerate its growth initiatives and enhance its service offerings. Given the enterprise-level funding context, Precision Machine is poised to scale its operations, potentially expanding its technological capabilities, increasing production capacity, or entering new market segments. This strategic financing is expected to fortify its competitive position and support its mission to provide cutting-edge machining solutions, further solidifying its role as a trusted partner for businesses navigating complex manufacturing needs.

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Frequently Asked Questions Regarding Precision Machine Financial Insights

What are the most recent funding rounds that Precision Machine has completed, and what were the funding rounds?
Precision Machine has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Precision Machine has raised to date?
Precision Machine has raised a total of $905K in funding to date.
How many funding rounds has Precision Machine completed?
Precision Machine has completed 2 funding rounds.
How much funding did Precision Machine raise in its most recent funding round?
Precision Machine raised $555K in its most recent funding round.
Who are the lead investors in Precision Machine's latest funding round?
The lead investor in Precision Machine'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 Machine's history?
The largest funding round in Precision Machine's history was $555K.
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