How Much Did Service Machine Raise?
Funding & Key Investors

Service Machine has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position and its trajectory within the industrial fabrication and machining sector.

What is Service Machine?

Service Machine
ManufacturingIndustrial Machinery & Equipment

Service Machine operates as a full-service structural fabrication and machining enterprise, dedicated to delivering projects with punctuality and unwavering integrity. The company serves a diverse clientele across critical industries, including power systems, transportation, and commerce. Its comprehensive service portfolio encompasses purchasing, drawing, fabricating, welding, assembly, and delivery. Strategically situated on the East Coast, Service Machine leverages its facility to cater to a broad spectrum of clients throughout the U.S. and internationally, ensuring tailored solutions for every metal project.

How much funding has Service Machine raised?

Service Machine has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Service Machine?

The substantial large-scale, late-stage funding indicates Service Machine is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in its fabrication capabilities, potentially enabling the company to undertake larger contracts and penetrate new markets. The strategic nature of the recent investment suggests a focus on strengthening its competitive edge and solidifying its role as a key player in the structural fabrication and machining industry, possibly through technological upgrades or capacity increases.

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Frequently Asked Questions Regarding Service Machine Financial Insights

What are the most recent funding rounds that Service Machine has completed, and what were the funding rounds?
Service Machine has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Service Machine has raised to date?
Service Machine has raised a total of $350K in funding to date.
How many funding rounds has Service Machine completed?
Service Machine has completed 1 funding rounds.
How much funding did Service Machine raise in its most recent funding round?
Service Machine raised $350K in its most recent funding round.
Who are the lead investors in Service Machine's latest funding round?
The lead investor in Service Machine'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 Service Machine's history?
The largest funding round in Service Machine's history was $350K.
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