How Much Did Precision Upstate Raise?
Funding & Key Investors

Precision Upstate has solidified its market position through a series of strategic capital infusions, culminating in a recent funding event of $503K. This latest injection of liquidity brings the firm's total cumulative financing to $853K. As the company continues to evolve from its roots as a regional glass and aluminum provider, this financial backing serves as a critical catalyst for its ongoing operational modernization and expansion efforts within the competitive building products sector.

What is Precision Upstate?

Precision Upstate
ConstructionConstruction Management

Headquartered in Scotia, New York, Precision Upstate has emerged as the premier installer of custom closets, shower doors, and architectural glass in the Capital Region. Originally established in 1996 as Precision Glass & Aluminum, the organization underwent a significant ownership transition in 2017, which triggered a comprehensive overhaul of its business model. By integrating state-of-the-art technology and expanding its physical footprint with a dedicated commercial facility in Rotterdam, the company has successfully scaled its operations to serve both residential homeowners and large-scale commercial builders. The firm's current market strategy centers on high-quality installation services, operational efficiency, and a commitment to regional economic development, positioning it as a dominant player in the custom building products industry.

How much funding has Precision Upstate raised?

Precision Upstate has raised a total of $853K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$503K

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

Debt (2021): $503K led by PPP

Key Investors in Precision Upstate

PPP

Public-Private Partnership

What's next for Precision Upstate?

With the support of its recent capital allocation, Precision Upstate is well-positioned to accelerate its digital transformation and further optimize its supply chain logistics. The company's strategic roadmap focuses on leveraging its expanded facility capacity to capture a larger share of the commercial construction market. By prioritizing technological integration and workforce development, Precision Upstate aims to maintain its competitive edge while scaling its service offerings. Future growth will likely involve deepening its penetration into the Capital Region's residential and commercial sectors, ensuring that the firm remains a top-tier provider of custom building solutions while navigating the complexities of the modern construction landscape.

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Frequently Asked Questions Regarding Precision Upstate Financial Insights

What are the most recent funding rounds that Precision Upstate has completed, and what were the funding rounds?
Precision Upstate has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Precision Upstate has raised to date?
Precision Upstate has raised a total of $853K in funding to date.
How many funding rounds has Precision Upstate completed?
Precision Upstate has completed 2 funding rounds.
How much funding did Precision Upstate raise in its most recent funding round?
Precision Upstate raised $503K in its most recent funding round.
Who are the lead investors in Precision Upstate's latest funding round?
The lead investor in Precision Upstate'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 Upstate's history?
The largest funding round in Precision Upstate's history was $503K.
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