How Much Did Audio Engineering Raise?
Funding & Key Investors

Audio Engineering, Inc. has secured $401K in total capital, with its most recent financing round bringing in $251K through a major strategic investment. This significant backing indicates a late-stage growth phase for the Rockford, Illinois-based company.

What is Audio Engineering?

Audio Engineering
ConstructionConstruction ManagementArchitecture, Engineering & Design

Audio Engineering, Inc. is a family-owned enterprise specializing in the design, development, and installation of low-voltage electronic systems. Serving a broad spectrum of clients including educational institutions, healthcare facilities, government entities, and commercial businesses across Northern Illinois and Southern Wisconsin, the company provides comprehensive solutions in security systems, sound and communications, and life safety. Their commitment to quality and competitive pricing is upheld by trained technicians and affiliation with the National Electrical Contractors Association.

How much funding has Audio Engineering raised?

Audio Engineering has raised a total of $401K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$251K

Debt (2020): $150K with participation from PPP

Debt (2021): $251K led by PPP

Key Investors in Audio Engineering

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Audio Engineering?

With a substantial capital infusion and a history of strategic investment, Audio Engineering is well-positioned for continued expansion and technological advancement. The company's focus on essential low-voltage systems, including security and life safety, suggests a strategic direction towards enhancing infrastructure for its diverse client base. Future endeavors will likely involve scaling operations, potentially integrating new technologies, and further solidifying its market presence in the Northern Illinois and Southern Wisconsin regions.

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Frequently Asked Questions Regarding Audio Engineering Financial Insights

What are the most recent funding rounds that Audio Engineering has completed, and what were the funding rounds?
Audio Engineering has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Audio Engineering has raised to date?
Audio Engineering has raised a total of $401K in funding to date.
How many funding rounds has Audio Engineering completed?
Audio Engineering has completed 2 funding rounds.
How much funding did Audio Engineering raise in its most recent funding round?
Audio Engineering raised $251K in its most recent funding round.
Who are the lead investors in Audio Engineering's latest funding round?
The lead investor in Audio Engineering'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 Audio Engineering's history?
The largest funding round in Audio Engineering's history was $251K.
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