How Much Did Precision Switchboard Raise?
Funding & Key Investors

Precision Switchboard has successfully secured a major strategic investment, marking a pivotal moment in its corporate trajectory. With a total funding amount reaching $150K, the firm is well-positioned to leverage this recent capital injection of $150K to solidify its footprint within the competitive consumer electronics and computer retail landscape. This late-stage financing underscores investor confidence in the company's operational model and its ability to scale effectively within the Hawthorne, New York market.

The infusion of resources arrives at a critical juncture, allowing the organization to optimize its supply chain and enhance its retail service offerings. By securing this backing, Precision Switchboard demonstrates a robust growth trajectory, transitioning from a boutique retail entity into a more formidable player in the regional electronics sector.

What is Precision Switchboard?

Precision Switchboard
RetailEcommerce Platforms

Headquartered in Hawthorne, New York, Precision Switchboard operates as a specialized entity within the Consumer Electronics & Computers Retail industry. With a lean workforce of 10 to 19 employees and annual revenue figures ranging between 1M and 5M, the company has carved out a niche by providing high-quality hardware solutions and retail expertise. Its business model centers on the efficient distribution and sale of computing equipment, catering to both individual consumers and small-scale enterprise clients who require reliable, high-performance technology infrastructure.

The company's market position is defined by its agility and localized service delivery. By maintaining a focused operational scope, Precision Switchboard has managed to sustain consistent revenue streams while navigating the complexities of the modern retail environment. This strategic focus on core electronics retail allows the firm to maintain high customer retention rates and a reputation for technical proficiency in a crowded marketplace.

How much funding has Precision Switchboard raised?

Precision Switchboard has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Precision Switchboard

PPP

Public-Private Partnership

What's next for Precision Switchboard?

Looking ahead, the recent capital allocation is expected to drive significant operational advancements. Precision Switchboard is likely to prioritize the expansion of its retail footprint and the modernization of its inventory management systems to better serve its growing client base. As the company moves into this next phase of development, the focus will shift toward scaling its digital presence and potentially diversifying its product portfolio to include emerging consumer technologies.

The strategic deployment of these funds will be essential in maintaining the company's competitive edge. By investing in infrastructure and market penetration, Precision Switchboard is positioning itself to capture a larger share of the regional electronics market, ensuring long-term sustainability and value creation for its stakeholders.

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Frequently Asked Questions Regarding Precision Switchboard Financial Insights

What are the most recent funding rounds that Precision Switchboard has completed, and what were the funding rounds?
Precision Switchboard has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Precision Switchboard has raised to date?
Precision Switchboard has raised a total of $150K in funding to date.
How many funding rounds has Precision Switchboard completed?
Precision Switchboard has completed 1 funding rounds.
How much funding did Precision Switchboard raise in its most recent funding round?
Precision Switchboard raised $150K in its most recent funding round.
Who are the lead investors in Precision Switchboard's latest funding round?
The lead investor in Precision Switchboard'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 Switchboard's history?
The largest funding round in Precision Switchboard's history was $150K.
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