How Much Did Westside Machine Raise?
Funding & Key Investors

Westside Machine has secured $1.1M in total capital, with its most recent financing round bringing in $706K. This major strategic investment underscores the company's established position in the enterprise sector. The company's funding history, which includes debt financing from entities like PPP, indicates a consistent approach to capital acquisition over the years, with the latest activity occurring on February 17, 2021.

What is Westside Machine?

Westside Machine
ManufacturingIndustrial Machinery & Equipment

Westside Machine is a family-owned precision machine shop based in Chicago, boasting over 27 years of operational expertise. The company specializes in advanced CNC machining and critical steel mill repairs, offering a comprehensive suite of services. These include precision mandrel repair, CNC milling, CNC turning, and intricate assembly work. Westside Machine serves a diverse industrial clientele, with a significant focus on the steel and aluminum, mining, energy, and food and paper sectors. Their commitment to exceptional workmanship and fostering strong client relationships drives their dedication to exceeding customer expectations.

How much funding has Westside Machine raised?

Westside Machine has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$706K

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

Debt (2021): $706K led by PPP

Key Investors in Westside Machine

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Westside Machine?

The recent major strategic investment signifies a pivotal moment for Westside Machine, likely enabling further expansion of its specialized machining capabilities and reinforcing its market presence within key industrial sectors. This capital infusion is expected to support operational enhancements, potentially including upgrades to CNC technology or increased capacity for steel mill repair services. As a company with a long-standing history and a focus on enterprise-level clients, this backing positions Westside Machine for continued growth and deeper penetration into its core markets, solidifying its reputation for quality and reliability in precision manufacturing.

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Frequently Asked Questions Regarding Westside Machine Financial Insights

What are the most recent funding rounds that Westside Machine has completed, and what were the funding rounds?
Westside Machine has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Westside Machine has raised to date?
Westside Machine has raised a total of $1.1M in funding to date.
How many funding rounds has Westside Machine completed?
Westside Machine has completed 2 funding rounds.
How much funding did Westside Machine raise in its most recent funding round?
Westside Machine raised $706K in its most recent funding round.
Who are the lead investors in Westside Machine's latest funding round?
The lead investor in Westside Machine'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 Westside Machine's history?
The largest funding round in Westside Machine's history was $706K.
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