How Much Did The Perkinson Raise?
Funding & Key Investors

The Perkinson has successfully secured a significant capital injection, bringing its total cumulative financing to $150K. This latest round, characterized by a $150K strategic investment, underscores the firm's robust position within the industrial automation sector. By leveraging this influx of resources, the company aims to solidify its operational footprint and expand its specialized service offerings across critical infrastructure markets.

The recent financial milestone, finalized on April 29, 2020, serves as a testament to the company's enduring relevance in the engineering and fabrication landscape. As the organization transitions through this late-stage growth phase, the infusion of capital provides the necessary liquidity to scale its proprietary solutions and enhance its technical service capabilities for high-demand industries.

What is The Perkinson?

The Perkinson
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Headquartered in Charlotte, North Carolina, The Perkinson has established itself as a cornerstone of industrial automation since its inception in 1971. The firm specializes in delivering sophisticated engineering solutions tailored for the water and wastewater treatment, power generation, and chemical processing sectors. By integrating comprehensive services—ranging from precision installation and rigorous testing to complex fabrication and machining—The Perkinson functions as a critical partner for industrial operators requiring high-reliability systems.

Beyond its engineering prowess, the company maintains a competitive advantage through its status as an authorized service center for industry-leading manufacturers such as AUMA and MagnaDrive. This dual-capability model, combining bespoke fabrication with expert technical support, positions The Perkinson as a vital link in the supply chain for essential utility and manufacturing infrastructure.

How much funding has The Perkinson raised?

The Perkinson has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in The Perkinson

PPP

Public-Private Partnership

What's next for The Perkinson?

With the successful closure of this $150K financing, The Perkinson is strategically positioned to accelerate its market penetration and operational efficiency. The company is expected to prioritize the modernization of its fabrication facilities and the expansion of its engineering team to meet the increasing demand for automated water and power infrastructure. By focusing on high-growth segments within the chemical and utility industries, the firm is well-equipped to capitalize on the ongoing digital transformation of industrial processes.

Looking ahead, the strategic deployment of this capital will likely focus on enhancing the company's service-level agreements and deepening its technical partnerships. As the industrial landscape shifts toward more autonomous and efficient systems, The Perkinson's long-standing expertise and newly bolstered financial foundation provide a clear trajectory for sustained growth and market leadership in the specialized automation space.

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Frequently Asked Questions Regarding The Perkinson Financial Insights

What are the most recent funding rounds that The Perkinson has completed, and what were the funding rounds?
The Perkinson has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding The Perkinson has raised to date?
The Perkinson has raised a total of $150K in funding to date.
How many funding rounds has The Perkinson completed?
The Perkinson has completed 1 funding rounds.
How much funding did The Perkinson raise in its most recent funding round?
The Perkinson raised $150K in its most recent funding round.
Who are the lead investors in The Perkinson's latest funding round?
The lead investor in The Perkinson'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 The Perkinson's history?
The largest funding round in The Perkinson's history was $150K.
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