What is Prime Technology?
Founded in 1973 and headquartered in Mt. Vernon, New York, Prime Technology has evolved into a significant manufacturing entity with a substantial operational footprint. Since 1982, the company has been based in North Branford, Connecticut, operating from a 36,000 square foot facility. Complementing its US operations, Prime Technology also maintains a 20,000 square foot commercial manufacturing facility in the Dominican Republic, which has been active since 1986. With nearly four decades of history, the company emphasizes its commitment to customers and its strong foundation for continued growth.
How much funding has Prime Technology raised?
Prime Technology has raised a total of $830K across 2 funding rounds:
Debt
$350K
Debt
$480K
Debt (2020): $350K with participation from PPP
Debt (2021): $480K led by PPP
What's next for Prime Technology?
The recent major strategic investment signals Prime Technology's intent to leverage its established infrastructure and market position for future expansion. This capital infusion is expected to bolster its manufacturing capabilities and potentially explore new market opportunities, building upon its nearly 40-year legacy. The company's dual-location operational strategy, spanning the United States and the Dominican Republic, provides a unique advantage for diversified production and market access.
See full Prime Technology company page
