How Much Did Whelan Machine & Tool Raise?
Funding & Key Investors

Whelan Machine & Tool has secured significant capital, with a total funding amount of $1.2M. The company recently announced a major strategic investment, receiving $875K in its latest funding round, which closed on January 27, 2021. This infusion of capital underscores the company's established position and growth trajectory within the defense industrial base sector.

What is Whelan Machine & Tool?

Whelan Machine & Tool
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Whelan Machine & Tool is a veteran-owned small business headquartered in Louisville, specializing in high-precision CNC machining services, custom prototyping, and fabrication. The company is a key supplier to the U.S. defense industrial base, committed to delivering mission-critical solutions with a strong emphasis on innovation and technical expertise. Their comprehensive service offerings include in-house certified welding, complex assembly, and rigorous quality assurance, all supported by advanced CNC technology. Since its inception in 1989, Whelan Machine has consistently supported military programs, ensuring the highest standards of accuracy and reliability in its products.

How much funding has Whelan Machine & Tool raised?

Whelan Machine & Tool has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$875K

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

Debt (2021): $875K led by PPP

Key Investors in Whelan Machine & Tool

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Whelan Machine & Tool?

The recent major strategic investment signals a pivotal moment for Whelan Machine & Tool, likely enabling expansion of its manufacturing capabilities, enhancement of its technological infrastructure, and potentially broadening its support for defense contracts. This capital infusion is expected to fortify its role within the defense industrial base, allowing for increased capacity and continued commitment to delivering high-quality, precision-engineered solutions. The company's focus on innovation and technical proficiency positions it for sustained growth and continued service to critical military programs.

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Frequently Asked Questions Regarding Whelan Machine & Tool Financial Insights

What are the most recent funding rounds that Whelan Machine & Tool has completed, and what were the funding rounds?
Whelan Machine & Tool has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Whelan Machine & Tool has raised to date?
Whelan Machine & Tool has raised a total of $1.2M in funding to date.
How many funding rounds has Whelan Machine & Tool completed?
Whelan Machine & Tool has completed 2 funding rounds.
How much funding did Whelan Machine & Tool raise in its most recent funding round?
Whelan Machine & Tool raised $875K in its most recent funding round.
Who are the lead investors in Whelan Machine & Tool's latest funding round?
The lead investor in Whelan Machine & Tool'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 Whelan Machine & Tool's history?
The largest funding round in Whelan Machine & Tool's history was $875K.
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