How Much Did Precision Transmissions Raise?
Funding & Key Investors

Precision Transmissions has successfully secured a significant capital injection, bringing its total funding to $27K. This latest financing round, which accounts for $27K, marks a pivotal moment for the Brooklyn-based automotive service provider as it transitions into a more robust operational phase. By leveraging this substantial expansion capital, the firm is positioned to scale its specialized mechanical and collision repair services, reinforcing its market presence within the competitive New York automotive landscape.

What is Precision Transmissions?

Precision Transmissions
Consumer ServicesAutomotive Service & Collision Repair

Operating for over 35 years, Precision Transmissions has established itself as a cornerstone of the Brooklyn automotive repair sector. The company provides a comprehensive suite of services, ranging from complex engine diagnostics and mechanical overhauls to high-end paint and collision restoration. With a team of ASE-certified technicians, the firm distinguishes itself through technical proficiency and a streamlined approach to insurance claims management. Their business model integrates high-volume repair capabilities with a focus on cost-effective, efficient service delivery, catering to both individual vehicle owners and commercial clients requiring lease return clean-ups and certified inspections.

How much funding has Precision Transmissions raised?

Precision Transmissions has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

Key Investors in Precision Transmissions

PPP

Public-Private Partnership

What's next for Precision Transmissions?

With the recent influx of capital, Precision Transmissions is expected to prioritize the modernization of its facility and the expansion of its service capacity. The strategic roadmap likely involves upgrading diagnostic equipment to handle the increasing complexity of modern vehicle systems and potentially scaling its collision repair operations to capture a larger share of the regional market. As the company moves through this growth stage, the focus will remain on maintaining the high standards of service that have defined its three-decade tenure, while simultaneously optimizing operational workflows to improve margins and throughput in a high-demand urban environment.

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Frequently Asked Questions Regarding Precision Transmissions Financial Insights

What are the most recent funding rounds that Precision Transmissions has completed, and what were the funding rounds?
Precision Transmissions has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Precision Transmissions has raised to date?
Precision Transmissions has raised a total of $27K in funding to date.
How many funding rounds has Precision Transmissions completed?
Precision Transmissions has completed 1 funding rounds.
How much funding did Precision Transmissions raise in its most recent funding round?
Precision Transmissions raised $27K in its most recent funding round.
Who are the lead investors in Precision Transmissions's latest funding round?
The lead investor in Precision Transmissions'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 Transmissions's history?
The largest funding round in Precision Transmissions's history was $27K.
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