Built Rite Tool & Engineering Funding: How Much Did They Raise & Key Investors

How Much Did Built Rite Tool & Engineering Raise?
Funding & Key Investors

Built Rite Tool & Engineering has secured $93K in total investment, with a recent capital infusion of $93K designated for substantial expansion. This latest financing round, occurring in January 2021, was a debt facility amounting to $93M, indicating a strategic move to bolster operational capacity and market reach during its significant Series B/C stage of growth.

What is Built Rite Tool & Engineering?

Built Rite Tool & Engineering

Manufacturing

Hand, Power & Lawn-care Tools

Industrial Machinery & Equipment

Built Rite Tool & Engineering operates a comprehensive platform designed for the procurement of tools and engineering services. The company facilitates both immediate purchases and quotation requests, catering to a diverse clientele comprising individuals and businesses seeking specialized engineering solutions and equipment. Since its establishment in 2014, Built Rite has cultivated nearly a decade of experience within the industry, positioning itself as a key provider in its niche.

How much funding has Built Rite Tool & Engineering raised?

Built Rite Tool & Engineering has raised a total of $93K across 1 funding round:

2021

Debt

$93K

Debt (2021): $93K with participation from PPP

What's next for Built Rite Tool & Engineering?

With the recent substantial expansion capital, Built Rite Tool & Engineering is poised for significant growth and operational scaling. The company's strategic focus will likely involve enhancing its platform's capabilities, expanding its service offerings, and potentially broadening its market penetration. This investment underscores confidence in Built Rite's business model and its capacity to meet the evolving demands for specialized tools and engineering expertise.

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Frequently Asked Questions Regarding Built Rite Tool & Engineering Financial Insights

What are the most recent funding rounds that Built Rite Tool & Engineering has completed, and what were the funding rounds?

Built Rite Tool & Engineering has recently completed 1 funding rounds: Debt on Jan 27, 2021.

What is the total amount of funding Built Rite Tool & Engineering has raised to date?

Built Rite Tool & Engineering has raised a total of $93K in funding to date.

How many funding rounds has Built Rite Tool & Engineering completed?

Built Rite Tool & Engineering has completed 1 funding rounds.

How much funding did Built Rite Tool & Engineering raise in its most recent funding round?

Built Rite Tool & Engineering raised $93K in its most recent funding round.

Who are the lead investors in Built Rite Tool & Engineering's latest funding round?

The lead investor in Built Rite Tool & Engineering'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 Built Rite Tool & Engineering's history?

The largest funding round in Built Rite Tool & Engineering's history was $93K.

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