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

Precision Tech Home Services has successfully secured a significant capital injection, bringing its total funding to $752K. This latest infusion, characterized by a $402K strategic investment, underscores the firm's robust position within the regional home services market. By leveraging this financial backing, the company continues to solidify its operational footprint across New Jersey, demonstrating a clear trajectory of growth and service expansion since its initial debt financing rounds.

What is Precision Tech Home Services?

Precision Tech Home Services
RetailHome Improvement & Hardware RetailConsumer Services

Based in Manalapan, New Jersey, Precision Tech Home Services operates as a comprehensive provider of essential residential and commercial infrastructure solutions. With a legacy spanning over 35 years, the firm specializes in HVAC, electrical, plumbing, and generator maintenance. The company distinguishes itself through a commitment to 24/7 emergency response and rigorous professional standards, positioning itself as a critical service provider for both homeowners and commercial facility managers. Their business model integrates technical expertise with customer-centric maintenance programs, ensuring long-term reliability for complex mechanical systems.

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

What's next for Precision Tech Home Services?

With the recent influx of capital, Precision Tech Home Services is well-positioned to scale its service delivery capabilities and enhance its technological infrastructure. The strategic allocation of these funds will likely focus on optimizing fleet management, expanding the reach of their licensed technician network, and potentially digitizing their maintenance scheduling platforms. As the company transitions into this next phase of development, the focus remains on maintaining high-quality service standards while capturing a larger share of the New Jersey home services market. This investment serves as a catalyst for operational efficiency and long-term market sustainability.

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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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