How Much Did Reliable EDM Raise?
Funding & Key Investors

Reliable EDM has secured $828K in total capital, with its most recent financing round bringing in $478K in a major strategic investment. This enterprise-level funding underscores the company's established position in the advanced manufacturing sector.

What is Reliable EDM?

Reliable EDM
ManufacturingIndustrial Machinery & Equipment

Reliable EDM stands as the largest Electrical Discharge Machining (EDM) job shop across North America. With a legacy spanning over three decades, the company has cultivated extensive expertise in wire, ram/sinker, and small hole EDM machining services. Operating a substantial fleet of more than 85 EDM machines, Reliable EDM serves a broad spectrum of industries, from intricate medical device components to large-scale turbine parts for the energy sector. The company's commitment to nationwide service is matched by its dedication to rapid turnaround times and high-precision machining, solidifying its reputation as a leader in the field. Furthermore, Reliable EDM actively contributes to industry knowledge by offering free educational resources, including a comprehensive EDM handbook and training videos.

How much funding has Reliable EDM raised?

Reliable EDM has raised a total of $828K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$478K

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

Debt (2021): $478K led by PPP

What's next for Reliable EDM?

The recent major strategic investment signals a pivotal growth phase for Reliable EDM. This capital infusion is expected to fuel further expansion of its operational capacity, potentially through the acquisition of advanced EDM technologies or the enhancement of its existing infrastructure. The company's focus on serving critical industries like medical and energy, coupled with its established reputation for precision and speed, positions it for continued market leadership. Future strategic initiatives will likely concentrate on leveraging this new backing to deepen its market penetration, explore new service offerings, and reinforce its competitive advantage in the North American EDM landscape.

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Frequently Asked Questions Regarding Reliable EDM Financial Insights

What are the most recent funding rounds that Reliable EDM has completed, and what were the funding rounds?
Reliable EDM has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Reliable EDM has raised to date?
Reliable EDM has raised a total of $828K in funding to date.
How many funding rounds has Reliable EDM completed?
Reliable EDM has completed 2 funding rounds.
How much funding did Reliable EDM raise in its most recent funding round?
Reliable EDM raised $478K in its most recent funding round.
Who are the lead investors in Reliable EDM's latest funding round?
The lead investor in Reliable EDM'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 Reliable EDM's history?
The largest funding round in Reliable EDM's history was $478K.
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