How Much Did Precision Marble & Granite Raise?
Funding & Key Investors

Precision Marble & Granite has secured $18K in total capital, with a recent infusion of $18K designated for moderate growth. This financing round, occurring on February 9, 2021, involved an $18M debt facility, indicating a strategic move to bolster operational capacity during its Series A/B growth stage. The company operates within the competitive home improvement and construction materials sector, specializing in the fabrication and installation of natural stone surfaces.

What is Precision Marble & Granite?

Precision Marble & Granite
ConstructionConstruction Management

Precision Marble & Granite is a key player in the natural stone surfacing industry, providing high-quality marble and granite products for residential and commercial applications. The company's services typically encompass design consultation, material selection, precise fabrication, and professional installation, catering to a discerning clientele seeking premium countertops, vanities, and architectural elements. Its market position is built on craftsmanship, material quality, and customer service, essential attributes in the home renovation and new construction markets.

How much funding has Precision Marble & Granite raised?

Precision Marble & Granite has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in Precision Marble & Granite

PPP

Public-Private Partnership

What's next for Precision Marble & Granite?

The recent debt financing of $18M suggests Precision Marble & Granite is focused on expanding its operational infrastructure or acquiring new equipment to meet increasing demand. As the company navigates its Series A/B growth phase, this strategic capital injection is expected to enhance production capabilities and potentially broaden its service area. Future growth will likely depend on leveraging this debt to improve efficiency, expand its product offerings, and solidify its market share against competitors in the custom stonework industry.

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Frequently Asked Questions Regarding Precision Marble & Granite Financial Insights

What are the most recent funding rounds that Precision Marble & Granite has completed, and what were the funding rounds?
Precision Marble & Granite has recently completed 1 funding rounds: Debt on Feb 9, 2021.
What is the total amount of funding Precision Marble & Granite has raised to date?
Precision Marble & Granite has raised a total of $18K in funding to date.
How many funding rounds has Precision Marble & Granite completed?
Precision Marble & Granite has completed 1 funding rounds.
How much funding did Precision Marble & Granite raise in its most recent funding round?
Precision Marble & Granite raised $18K in its most recent funding round.
Who are the lead investors in Precision Marble & Granite's latest funding round?
The lead investor in Precision Marble & Granite'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 Marble & Granite's history?
The largest funding round in Precision Marble & Granite's history was $18K.
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