How Much Did Universal Broaching Raise?
Funding & Key Investors

Universal Broaching, Inc. has secured $71K in recent financing, contributing to a total funding amount of $71K. This capital infusion, occurring around March 2021, signifies a critical phase for the Elk Grove Village, IL-based production broaching facility as it pursues substantial expansion. The company's financial trajectory suggests a mature stage, likely aligning with Series B or C funding rounds, underscoring its established market presence and growth ambitions.

What is Universal Broaching?

Universal Broaching
ManufacturingIndustrial Machinery & Equipment

Universal Broaching, Inc. operates as a specialized production broaching facility, offering a comprehensive suite of services including high-quality broaching, slotting, blind hole keyseating, and expert broach sharpening. The company also provides essential tool and fixture design, catering to a diverse clientele that ranges from those requiring one-piece prototypes to large-scale production runs. By positioning itself as an integrated extension of its clients' operations, Universal Broaching emphasizes exceptional customer service and prompt project attention, solidifying its role as a key partner in the manufacturing sector.

How much funding has Universal Broaching raised?

Universal Broaching has raised a total of $71K across 1 funding round:

2021

Debt

$71K

Debt (2021): $71K with participation from PPP

Key Investors in Universal Broaching

PPP

Public-Private Partnership

What's next for Universal Broaching?

With the recent influx of expansion capital, Universal Broaching is poised for significant operational scaling and service enhancement. The substantial funding indicates a strategic move to broaden its capabilities, potentially invest in advanced machinery, or expand its workforce to meet growing market demand. This investment underscores confidence in the company's business model and its capacity to deliver high-quality broaching solutions. Future developments are expected to focus on solidifying its market leadership and exploring new avenues for growth within the precision manufacturing landscape.

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Frequently Asked Questions Regarding Universal Broaching Financial Insights

What are the most recent funding rounds that Universal Broaching has completed, and what were the funding rounds?
Universal Broaching has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Universal Broaching has raised to date?
Universal Broaching has raised a total of $71K in funding to date.
How many funding rounds has Universal Broaching completed?
Universal Broaching has completed 1 funding rounds.
How much funding did Universal Broaching raise in its most recent funding round?
Universal Broaching raised $71K in its most recent funding round.
Who are the lead investors in Universal Broaching's latest funding round?
The lead investor in Universal Broaching'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 Universal Broaching's history?
The largest funding round in Universal Broaching's history was $71K.
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