How Much Did Versafab Raise?
Funding & Key Investors

Versafab, a long-standing OEM supplier specializing in custom fabricated metal parts, has secured $873K in total capital, with a recent major strategic investment of $523K. This significant backing underscores the company's established presence and its critical role in supplying precision components across the Automotive, Motorcycle, Transportation, and Audio/Visual sectors. The recent financing round, dated February 13, 2021, signals a strategic move to further bolster its operational capabilities and market reach.

What is Versafab?

Versafab
ManufacturingBuilding MaterialsAutomotive Parts

Established in 1982, Versafab Corp has built a reputation as a premier OEM supplier renowned for its expertise in custom fabricated metal parts. The company distinguishes itself through rapid tooling and delivery of precision components, consistently meeting stringent quality standards and project timelines. Holding ISO 9001:2028 certification, Versafab offers comprehensive in-house services, including a dedicated tool and die shop, advanced progressive die capabilities, and assembly solutions. This integrated approach, combined with a commitment to speed and quality, positions Versafab as a preferred partner for businesses requiring reliable and timely custom metal fabrication.

How much funding has Versafab raised?

Versafab has raised a total of $873K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$523K

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

Debt (2021): $523K led by PPP

What's next for Versafab?

The recent major strategic investment into Versafab is poised to accelerate its growth trajectory and enhance its competitive edge in the demanding custom metal fabrication market. With a foundation built on decades of experience and a commitment to quality, this capital infusion is likely to support advancements in manufacturing technology, expansion of production capacity, and potentially the exploration of new market segments or product lines. Versafab's strategic focus on fast tooling and delivery, coupled with its robust service offerings, suggests that this new financing will empower the company to further solidify its position as a leader in providing essential fabricated metal parts to its diverse client base.

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Frequently Asked Questions Regarding Versafab Financial Insights

What are the most recent funding rounds that Versafab has completed, and what were the funding rounds?
Versafab has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Versafab has raised to date?
Versafab has raised a total of $873K in funding to date.
How many funding rounds has Versafab completed?
Versafab has completed 2 funding rounds.
How much funding did Versafab raise in its most recent funding round?
Versafab raised $523K in its most recent funding round.
Who are the lead investors in Versafab's latest funding round?
The lead investor in Versafab'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 Versafab's history?
The largest funding round in Versafab's history was $523K.
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