How Much Did Precision Test & Balance Raise?
Funding & Key Investors

Precision Test & Balance has secured $86K in total funding, with its most recent financing round yielding $86K. Operating at a significant Series B/C stage, the company's recent capital infusion is earmarked for substantial expansion, reflecting strong investor confidence in its market position and growth trajectory.

What is Precision Test & Balance?

Precision Test & Balance
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

Precision Test & Balance is a specialized provider of comprehensive testing, balancing, and commissioning services for mechanical and building systems. The firm collaborates with architects, engineers, and building owners to meticulously verify that HVAC systems and integrated building infrastructure perform precisely as designed. This ensures both operational reliability and cost efficiency for clients. Through rigorous technical assessment and validation, Precision Test & Balance offers critical assurance that complex mechanical installations meet design specifications and function optimally throughout their lifecycle. Their service portfolio includes HVAC system testing and balancing, whole building systems commissioning, and acoustic measurement and analysis, addressing multifaceted performance requirements and enhancing occupant comfort.

How much funding has Precision Test & Balance raised?

Precision Test & Balance has raised a total of $86K across 1 funding round:

2021

Debt

$86K

Debt (2021): $86K with participation from PPP

What's next for Precision Test & Balance?

With the recent influx of substantial expansion capital, Precision Test & Balance is poised for significant growth. This strategic financing is expected to fuel the scaling of its operations, potentially enabling the company to broaden its service offerings, expand its geographic reach, and invest in advanced technologies for system analysis and validation. The company's focus on ensuring optimal building system performance and operational efficiency positions it well to capitalize on the increasing demand for high-performance, sustainable, and cost-effective building solutions in the current market.

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Frequently Asked Questions Regarding Precision Test & Balance Financial Insights

What are the most recent funding rounds that Precision Test & Balance has completed, and what were the funding rounds?
Precision Test & Balance has recently completed 1 funding rounds: Debt on Feb 20, 2021.
What is the total amount of funding Precision Test & Balance has raised to date?
Precision Test & Balance has raised a total of $86K in funding to date.
How many funding rounds has Precision Test & Balance completed?
Precision Test & Balance has completed 1 funding rounds.
How much funding did Precision Test & Balance raise in its most recent funding round?
Precision Test & Balance raised $86K in its most recent funding round.
Who are the lead investors in Precision Test & Balance's latest funding round?
The lead investor in Precision Test & Balance'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 Precision Test & Balance's history?
The largest funding round in Precision Test & Balance's history was $86K.
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