How Much Did Universal Grinding Raise?
Funding & Key Investors

Universal Grinding has secured $719K in total capital, with its most recent financing round bringing in $369K in a major strategic investment. This significant backing underscores the company's established position in the industrial metal grinding sector and its potential for continued expansion.

What is Universal Grinding?

Universal Grinding
ManufacturingIndustrial Machinery & Equipment

Universal Grinding Corporation, headquartered in Cleveland, Ohio, is a seasoned provider of comprehensive industrial metal grinding services. Established in 1944 and holding ISO 9001-2008 certification, the company offers a broad spectrum of grinding solutions, including Blanchard, Centerless, Double Disc, and ID/OD grinding. They cater to a diverse clientele across aerospace, automotive, medical, and general industrial manufacturing sectors, serving both domestic and international markets. Their expertise extends to various materials, ensuring precision and quality for complex customer requirements.

How much funding has Universal Grinding raised?

Universal Grinding has raised a total of $719K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$369K

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

Debt (2021): $369K led by PPP

Key Investors in Universal Grinding

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Universal Grinding?

The recent major strategic investment signals a pivotal moment for Universal Grinding, likely enabling further technological advancements, capacity expansion, or market penetration. As a company with a long history and a focus on precision services, this capital infusion is expected to fortify its competitive edge and support its growth trajectory within the demanding industrial manufacturing landscape. Future developments may involve enhancing service offerings or exploring new industry verticals.

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Frequently Asked Questions Regarding Universal Grinding Financial Insights

What are the most recent funding rounds that Universal Grinding has completed, and what were the funding rounds?
Universal Grinding has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Universal Grinding has raised to date?
Universal Grinding has raised a total of $719K in funding to date.
How many funding rounds has Universal Grinding completed?
Universal Grinding has completed 2 funding rounds.
How much funding did Universal Grinding raise in its most recent funding round?
Universal Grinding raised $369K in its most recent funding round.
Who are the lead investors in Universal Grinding's latest funding round?
The lead investor in Universal Grinding'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 Grinding's history?
The largest funding round in Universal Grinding's history was $369K.
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