How Much Did Nicro Raise?
Funding & Key Investors

Nicro has secured $1.3M in total capital, with its most recent funding round bringing in $947K in a major strategic investment. This enterprise-level financing underscores the company's significant traction and potential within its sector.

What is Nicro?

Nicro
ConstructionConstruction ManagementIndustrial Machinery & Equipment

Nicro Incorporated is a specialized industrial fabrication company with deep expertise in sheet metal, plumbing, pipe fitting, millwrighting, and HVAC services. The company leverages a comprehensive industrial fabrication facility to deliver high-quality workmanship, maintain budgetary constraints, and ensure effective scheduling, positioning itself as a competitive force in its market.

How much funding has Nicro raised?

Nicro has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$947K

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

Debt (2021): $947K led by PPP

Key Investors in Nicro

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Nicro?

The recent major strategic investment signals a pivotal growth phase for Nicro. This capital infusion is expected to fuel further expansion of its fabrication capabilities and service offerings. The company is poised to enhance its market position by continuing to integrate its skilled trades with its advanced fabrication infrastructure, aiming for sustained development and operational excellence.

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Frequently Asked Questions Regarding Nicro Financial Insights

What are the most recent funding rounds that Nicro has completed, and what were the funding rounds?
Nicro has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Nicro has raised to date?
Nicro has raised a total of $1.3M in funding to date.
How many funding rounds has Nicro completed?
Nicro has completed 2 funding rounds.
How much funding did Nicro raise in its most recent funding round?
Nicro raised $947K in its most recent funding round.
Who are the lead investors in Nicro's latest funding round?
The lead investor in Nicro'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 Nicro's history?
The largest funding round in Nicro's history was $947K.
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