How Much Did Authorized Testing Raise?
Funding & Key Investors

Authorized Testing Inc. (ATI), a long-standing entity in the pressure vessels and parts industry since 1973, has secured significant capital, with its total funding reaching $340K. The company recently announced a major strategic investment, bringing in $190K in new financing. This latest capital infusion underscores ATI's established position and its ongoing role in a critical industrial sector.

What is Authorized Testing?

Authorized Testing
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

Authorized Testing Inc. (ATI) specializes in providing comprehensive design qualification testing and certifications for composite cylinders on a global scale. The company's expertise extends to audits, on-site inspections, and consultation services, with operations spanning North America, Europe, and Asia. ATI is recognized by numerous foreign governments for its adherence to stringent regulatory requirements. A key area of focus for ATI is the inspection and qualification of multi-component cylinders designed for natural gas and hydrogen fuel cell systems, positioning the company as a supporter of the transition to alternative fuels. ATI is committed to delivering high-quality, independent inspection and testing services, ensuring the worldwide safety of pressure vessels and their components.

How much funding has Authorized Testing raised?

Authorized Testing has raised a total of $340K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$190K

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

Debt (2021): $190K led by PPP

Key Investors in Authorized Testing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Authorized Testing?

With its substantial backing, Authorized Testing Inc. is poised for continued growth and expansion within the critical pressure vessel and parts industry. The recent major strategic investment suggests a focus on scaling operations, enhancing technological capabilities, or potentially pursuing new market opportunities, particularly in the burgeoning alternative fuels sector. ATI's established reputation and its role in ensuring regulatory compliance and safety for components used in natural gas and hydrogen fuel cell systems provide a strong foundation for future development. The company's trajectory indicates a strategic move to solidify its leadership and capitalize on global demand for independent testing and certification services.

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Frequently Asked Questions Regarding Authorized Testing Financial Insights

What are the most recent funding rounds that Authorized Testing has completed, and what were the funding rounds?
Authorized Testing has recently completed 2 funding rounds: Debt on Mar 27, 2021, Debt on May 3, 2020.
What is the total amount of funding Authorized Testing has raised to date?
Authorized Testing has raised a total of $340K in funding to date.
How many funding rounds has Authorized Testing completed?
Authorized Testing has completed 2 funding rounds.
How much funding did Authorized Testing raise in its most recent funding round?
Authorized Testing raised $190K in its most recent funding round.
Who are the lead investors in Authorized Testing's latest funding round?
The lead investor in Authorized Testing'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 Authorized Testing's history?
The largest funding round in Authorized Testing's history was $190K.
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