How Much Did Symetrics Raise?
Funding & Key Investors

Symetrics has solidified its position within the telecommunications sector by securing a total capital infusion of $1M. This trajectory of financial backing, highlighted by a recent strategic investment of $659K, underscores the firm's commitment to scaling its enterprise-level infrastructure. By leveraging debt-based financing, the Mukilteo-based entity has successfully navigated complex market cycles to maintain operational momentum and technological development.

What is Symetrics?

Symetrics
ManufacturingTelecommunication Equipment

Operating out of Mukilteo, Washington, Symetrics functions as a specialized provider within the telecommunication equipment industry. With a workforce of 20 to 49 professionals and annual revenue streams ranging between 5M and 10M, the company occupies a critical niche in the connectivity ecosystem. Its focus on robust hardware solutions positions it as a vital link in the supply chain for modern network operators, ensuring that enterprise clients maintain high-availability communication standards in an increasingly digitized global economy.

How much funding has Symetrics raised?

Symetrics has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$659K

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

Debt (2021): $659K led by PPP

Key Investors in Symetrics

PPP

Public-Private Partnership

What's next for Symetrics?

With the recent influx of capital, Symetrics is poised to transition from its current operational baseline toward more aggressive market expansion. The strategic deployment of these funds will likely prioritize the enhancement of R&D capabilities and the optimization of supply chain logistics to meet rising demand for telecommunications hardware. As the firm continues to mature, the focus will shift toward long-term sustainability and the potential for further market penetration, leveraging its established reputation for reliability to capture a larger share of the enterprise infrastructure market.

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Frequently Asked Questions Regarding Symetrics Financial Insights

What are the most recent funding rounds that Symetrics has completed, and what were the funding rounds?
Symetrics has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Symetrics has raised to date?
Symetrics has raised a total of $1M in funding to date.
How many funding rounds has Symetrics completed?
Symetrics has completed 2 funding rounds.
How much funding did Symetrics raise in its most recent funding round?
Symetrics raised $659K in its most recent funding round.
Who are the lead investors in Symetrics's latest funding round?
The lead investor in Symetrics'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 Symetrics's history?
The largest funding round in Symetrics's history was $659K.
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