How Much Did Precon Raise?
Funding & Key Investors

Precon, Incorporated has secured $130K in total capital, with its most recent financing round bringing in $130K through a major strategic investment. This latest capital infusion signifies a significant milestone for the precision manufacturing services provider, underscoring its established market position and growth trajectory.

What is Precon?

Precon
ManufacturingIndustrial Machinery & EquipmentTest & Measurement Equipment

Since its inception in 1969, Precon, Incorporated has solidified its reputation as a premier provider of precision manufacturing services across Southern California. The company excels in specialized services including precision saw cutting, blanchard grinding, and comprehensive gage services, encompassing manufacturing, reconditioning, and calibration. Precon is committed to delivering products that meet stringent ANSI/NCSL and ISO standards, while also adhering to conflict mineral regulations. Their expertise is particularly sought after by manufacturers requiring highly accurate gage solutions and reliable calibration services.

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?

The substantial backing, highlighted by the recent strategic investment, positions Precon for accelerated growth and potential expansion of its service offerings. This significant capital will likely fuel advancements in their precision manufacturing capabilities, potentially enabling the company to scale operations, invest in new technologies, and broaden its client base within the manufacturing sector. The company's focus on quality and compliance suggests a strategic direction aimed at capturing a larger share of the high-precision industrial market.

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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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