What is Swiss Time?
Established in 1977, Swiss Time operated as a family-owned business specializing in the sale and expert servicing of mechanical and quartz watches and clocks. The company was recognized in Northern New England for its curated selection of quality timepieces and its in-house repair services, performed by certified watchmakers and technicians. Despite its local popularity and history, Swiss Time permanently ceased operations on December 23, 2022.
How much funding has Swiss Time raised?
Swiss Time has raised a total of $55K across 1 funding round:
Debt
$55K
Debt (2021): $55K with participation from PPP
Key Investors in Swiss Time
PPP
Public-Private Partnership
What's next for Swiss Time?
The cessation of operations for Swiss Time marks the end of its business trajectory. While the company previously sought significant capital, indicated by its Series B/C stage context and substantial expansion financing, its closure signifies that future strategic initiatives and growth plans will not be pursued under its original operational structure. The legacy of Swiss Time remains as a historical entity in the horology retail and service sector of Northern New England.
See full Swiss Time company page