How Much Did Prophet Gear Raise?
Funding & Key Investors

Prophet Gear has successfully secured a significant capital injection, bringing its total funding to $166K. This latest financing round, which contributed $166K to the company's balance sheet, underscores the firm's robust market position within the precision manufacturing sector. By leveraging this strategic investment, the organization is well-positioned to enhance its operational capacity and solidify its long-standing reputation for excellence in gear production.

What is Prophet Gear?

Prophet Gear
ManufacturingIndustrial Machinery & Equipment

Established in 1980, Prophet Gear operates as a comprehensive machine shop specializing in the fabrication of fine and medium pitch gears. The company provides a diverse suite of technical services, including gear hobbing, CNC machining, screw machine operations, and reverse engineering. Their expertise spans the production of spur gears, helical gears, and pulleys, serving a broad industrial client base that demands high-precision components. With a facility optimized for both quality control and rapid turnaround, Prophet Gear remains a critical link in the supply chain for manufacturers requiring reliable, custom-engineered mechanical solutions.

How much funding has Prophet Gear raised?

Prophet Gear has raised a total of $166K across 1 funding round:

2021

Debt

$166K

Debt (2021): $166K with participation from PPP

Key Investors in Prophet Gear

PPP

Public-Private Partnership

What's next for Prophet Gear?

With the infusion of this recent capital, Prophet Gear is poised to enter a new phase of industrial scaling. The company is expected to prioritize the modernization of its machining infrastructure, potentially integrating advanced automation to increase throughput for complex gear geometries. Furthermore, the strategic allocation of these funds will likely support the expansion of their reverse engineering capabilities, allowing the firm to capture additional market share in the aftermarket and legacy equipment maintenance sectors. As the manufacturing landscape shifts toward higher precision requirements, Prophet Gear's focus on technical reliability and service agility will be instrumental in maintaining its competitive edge.

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Frequently Asked Questions Regarding Prophet Gear Financial Insights

What are the most recent funding rounds that Prophet Gear has completed, and what were the funding rounds?
Prophet Gear has recently completed 1 funding rounds: Debt on Jan 19, 2021.
What is the total amount of funding Prophet Gear has raised to date?
Prophet Gear has raised a total of $166K in funding to date.
How many funding rounds has Prophet Gear completed?
Prophet Gear has completed 1 funding rounds.
How much funding did Prophet Gear raise in its most recent funding round?
Prophet Gear raised $166K in its most recent funding round.
Who are the lead investors in Prophet Gear's latest funding round?
The lead investor in Prophet Gear'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 Prophet Gear's history?
The largest funding round in Prophet Gear's history was $166K.
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