How Much Did Precon Raise?
Funding & Key Investors

Precon, a cornerstone of the Southern California industrial landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $130K. This latest infusion of $130K underscores the firm's enduring relevance in the precision manufacturing sector, providing the necessary liquidity to scale operations and enhance its specialized service offerings. By leveraging this financial backing, Precon continues to solidify its market position as a critical partner for manufacturers requiring high-precision components and rigorous calibration standards.

What is Precon?

Precon
ManufacturingIndustrial Machinery & EquipmentTest & Measurement Equipment

Since its inception in 1969, Precon has evolved into a specialized provider of precision manufacturing services, maintaining a robust reputation for technical excellence. The company operates at the intersection of industrial supply chain efficiency and quality assurance, offering a comprehensive suite of services including precision saw cutting, blanchard grinding, and the manufacturing, reconditioning, and calibration of industrial gages. With a commitment to ANSI/NCSL and ISO compliance, Precon serves as a vital link for clients who demand exacting tolerances and regulatory adherence in their production workflows. Their long-standing operational history provides a stable foundation for navigating the complexities of modern industrial manufacturing.

How much funding has Precon raised?

Precon has raised a total of $130K across 1 funding round:

2021

Debt

$130K

Debt (2021): $130K with participation from PPP

Key Investors in Precon

PPP

Public-Private Partnership

What's next for Precon?

With the successful acquisition of this late-stage capital, Precon is well-positioned to modernize its manufacturing infrastructure and expand its service capacity. The strategic focus will likely shift toward integrating advanced calibration technologies and optimizing production throughput to meet the increasing demand for high-precision industrial tools. As the company moves into this next phase of growth, the emphasis will remain on maintaining its stringent quality certifications while potentially exploring new market segments that require specialized gage solutions. This financial milestone serves as a catalyst for long-term operational sustainability and competitive differentiation in the Southern California manufacturing corridor.

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Frequently Asked Questions Regarding Precon Financial Insights

What are the most recent funding rounds that Precon has completed, and what were the funding rounds?
Precon has recently completed 1 funding rounds: Debt on Mar 12, 2021.
What is the total amount of funding Precon has raised to date?
Precon has raised a total of $130K in funding to date.
How many funding rounds has Precon completed?
Precon has completed 1 funding rounds.
How much funding did Precon raise in its most recent funding round?
Precon raised $130K in its most recent funding round.
Who are the lead investors in Precon's latest funding round?
The lead investor in Precon'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 Precon's history?
The largest funding round in Precon's history was $130K.
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