What is Precision Switchboard?
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:
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.