How Much Did Central Testing Raise?
Funding & Key Investors

Central Testing, a long-standing provider of non-destructive testing (NDT) services, has secured $435K in total capital, with its most recent financing round bringing in $285K. This major strategic investment underscores the company's established position in the market and its ongoing operational capacity. The company's funding history, primarily consisting of debt financing, indicates a mature operational phase.

What is Central Testing?

Central Testing
Business ServicesResearch & Development

Central Testing Company, Inc. is recognized as the oldest non-destructive testing (NDT) firm in the Lake Area, boasting over five decades of experience in quality inspection services. The company offers a comprehensive suite of NDT methods and welder qualification services, available around the clock to accommodate diverse project timelines. Central Testing operates under stringent quality assurance protocols, aligning with industry standards such as ASME, ANSI, ASTM, AWS, and API to ensure adherence to client specifications. Their services are critical for industries that demand rigorous inspection of welding and other vital components, ensuring safety and integrity.

How much funding has Central Testing raised?

Central Testing has raised a total of $435K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$285K

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

Debt (2021): $285K led by PPP

What's next for Central Testing?

With a significant capital infusion and a history of strategic investment, Central Testing is poised for continued operational excellence and potential expansion of its service offerings. The company's late-stage funding context suggests a focus on solidifying its market leadership and potentially exploring new technological integrations within its NDT services. Future growth may involve enhancing its capacity to serve larger industrial projects or expanding its geographical reach, leveraging its established reputation for quality and reliability in critical inspection services.

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Frequently Asked Questions Regarding Central Testing Financial Insights

What are the most recent funding rounds that Central Testing has completed, and what were the funding rounds?
Central Testing has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Central Testing has raised to date?
Central Testing has raised a total of $435K in funding to date.
How many funding rounds has Central Testing completed?
Central Testing has completed 2 funding rounds.
How much funding did Central Testing raise in its most recent funding round?
Central Testing raised $285K in its most recent funding round.
Who are the lead investors in Central Testing's latest funding round?
The lead investor in Central 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 Central Testing's history?
The largest funding round in Central Testing's history was $285K.
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