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

Whelan Machine & Tool has secured $1.2M in total funding, with its most recent capital infusion of $875K described as a major strategic investment. This significant backing underscores the company's established position within the defense industrial base and its ongoing commitment to delivering mission-critical solutions.

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 precision CNC machining, custom prototyping, and fabrication. The company serves the U.S. defense industrial base, focusing on high-quality, mission-critical solutions that leverage innovation and technical proficiency. 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 been a dedicated partner to military programs, ensuring the accuracy and reliability of its solutions.

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

What's next for Whelan Machine & Tool?

The recent major strategic investment indicates a phase of significant growth and potential expansion for Whelan Machine & Tool. This capital infusion is likely to bolster their capabilities in precision CNC machining and fabrication, enabling them to take on larger defense contracts and further enhance their technological infrastructure. The company's focus on innovation and technical proficiency, coupled with its veteran-owned status, positions it favorably for continued success in supporting the U.S. defense industrial base.

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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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