How Much Did Precision Tech Home Services Raise?
Funding & Key Investors

Precision Tech Home Services has secured $752K in total capital, with its most recent financing round bringing in $402K. This major strategic investment underscores the company's significant position in the home services sector, indicating a phase of substantial growth and operational scaling. The enterprise-level funding suggests a mature business poised for further expansion.

What is Precision Tech Home Services?

Precision Tech Home Services
RetailHome Improvement & Hardware RetailConsumer Services

Precision Tech Home Services is a comprehensive provider of plumbing, electrical, and HVAC services, serving residential and commercial clients across Marlboro, NJ, and the broader Monmouth County area. With over 34 years of operational experience, the company specializes in the installation, maintenance, and emergency repair of critical home systems and appliances. Their commitment lies in delivering customized, cost-effective solutions designed to ensure the safety and efficiency of client operations, offering a blend of expertise and reliability.

How much funding has Precision Tech Home Services raised?

Precision Tech Home Services has raised a total of $752K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$402K

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

Debt (2021): $402K led by PPP

Key Investors in Precision Tech Home Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed investor

An undisclosed investor participating in the funding round, contributing to the company's strategic financial objectives.

What's next for Precision Tech Home Services?

The substantial enterprise-level funding and recent strategic investment signal a pivotal moment for Precision Tech Home Services. This capital infusion is expected to fuel expansion initiatives, potentially including service area enlargement, technology adoption for enhanced operational efficiency, and strengthening their skilled workforce. The company is well-positioned to leverage this backing to solidify its market leadership and explore new avenues for service innovation within the competitive home services industry.

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Frequently Asked Questions Regarding Precision Tech Home Services Financial Insights

What are the most recent funding rounds that Precision Tech Home Services has completed, and what were the funding rounds?
Precision Tech Home Services has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Precision Tech Home Services has raised to date?
Precision Tech Home Services has raised a total of $752K in funding to date.
How many funding rounds has Precision Tech Home Services completed?
Precision Tech Home Services has completed 2 funding rounds.
How much funding did Precision Tech Home Services raise in its most recent funding round?
Precision Tech Home Services raised $402K in its most recent funding round.
Who are the lead investors in Precision Tech Home Services's latest funding round?
The lead investor in Precision Tech Home Services'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 Tech Home Services's history?
The largest funding round in Precision Tech Home Services's history was $402K.
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