How Much Did Southpointe Precision Raise?
Funding & Key Investors

Southpointe Precision has secured $42K in total capital, with a recent infusion of $42K designated for substantial expansion. This financing round, occurring on January 30, 2021, marks a significant development for the company, positioning it for growth within the competitive manufacturing sector. The company's financial trajectory indicates a company at a significant Series B/C stage, leveraging investment to scale operations.

What is Southpointe Precision?

Southpointe Precision
ManufacturingIndustrial Machinery & Equipment

Southpointe Precision is a Fort Myers, FL-based entity specializing in high-precision manufacturing. Its core competencies include close tolerance tooling, production machining, and plastic injection molding. The company emphasizes delivering superior quality work and fostering strong client relationships through its manufacturing services. Southpointe Precision aims to address the diverse needs of businesses requiring expert tooling and machining solutions, underscoring its commitment to precision engineering.

How much funding has Southpointe Precision raised?

Southpointe Precision has raised a total of $42K across 1 funding round:

2021

Debt

$42K

Debt (2021): $42K with participation from PPP

Key Investors in Southpointe Precision

PPP

Public-Private Partnership

What's next for Southpointe Precision?

With the recent capital injection, Southpointe Precision is poised for significant operational expansion. This strategic financing is expected to bolster its capacity for close tolerance tooling and production machining, potentially enabling the company to take on larger projects and serve a broader client base. The investment signals confidence in the company's business model and its ability to capitalize on market opportunities within the precision manufacturing industry. Future growth will likely focus on enhancing production capabilities and deepening client partnerships.

See full Southpointe Precision company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingFinanceLending & BrokerageRetailFurnitureInsurance
Building MaterialsManufacturingAutomotive Parts
Building MaterialsManufacturingIndustrial Machinery & Equipment
ManufacturingPlastic, Packaging & Containers

Frequently Asked Questions Regarding Southpointe Precision Financial Insights

What are the most recent funding rounds that Southpointe Precision has completed, and what were the funding rounds?
Southpointe Precision has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Southpointe Precision has raised to date?
Southpointe Precision has raised a total of $42K in funding to date.
How many funding rounds has Southpointe Precision completed?
Southpointe Precision has completed 1 funding rounds.
How much funding did Southpointe Precision raise in its most recent funding round?
Southpointe Precision raised $42K in its most recent funding round.
Who are the lead investors in Southpointe Precision's latest funding round?
The lead investor in Southpointe Precision'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 Southpointe Precision's history?
The largest funding round in Southpointe Precision's history was $42K.
See more information about Southpointe Precision