What is Applied Engineering?
Founded in Fargo, ND, in 1986, Applied Engineering is an employee-owned engineering and technology company. Over its history, the firm has demonstrated consistent growth and diversification, expanding its service offerings and geographic reach. With six operational locations across Fargo, ND, Bismarck, ND, Maple Grove, MN, Sioux Falls, SD, Eau Claire, WI, and Addison, TX, Applied Engineering serves a broad client base by providing on-site and in-house engineering and technology solutions. Its employee-ownership model fosters a culture of commitment and shared success, aligning the interests of its team with client objectives.
How much funding has Applied Engineering raised?
Applied Engineering has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Applied Engineering
PPP
Public-Private Partnership
What's next for Applied Engineering?
The recent major strategic investment positions Applied Engineering for accelerated development and market penetration. As an established enterprise with a history of diversification, this capital injection is likely to fuel further innovation in its engineering and technology services, potentially through acquisitions, R&D, or expansion into new markets. The company's employee-owned structure suggests a focus on sustainable, long-term growth and operational excellence, leveraging its dedicated workforce to enhance client value and solidify its competitive advantage in the industry.
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