How Much Did CityScan Raise?
Funding & Key Investors

CityScan has successfully secured a significant capital injection, bringing its total funding to $327K. This latest infusion of $177K represents a major strategic investment aimed at bolstering the firm's operational capacity within the competitive subsurface scanning market. By leveraging these financial resources, the company continues to solidify its position as a critical partner for large-scale infrastructure projects across the Northeast corridor.

What is CityScan?

CityScan
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

CityScan Corp. operates at the intersection of civil engineering and advanced diagnostic technology. As a premier provider of Ground Penetrating Radar (GPR) and concrete imaging services, the firm delivers essential non-destructive testing solutions that mitigate risk for commercial developers and construction contractors. By identifying hidden utilities and structural anomalies before excavation or drilling begins, CityScan prevents costly project delays and safety hazards. Their strategic alliance with Eastern Concrete Cutting Corp. further enhances their value proposition, allowing for a seamless transition from diagnostic imaging to precision concrete modification. This integrated service model has established the company as a foundational entity in the urban development landscape of New York, New Jersey, and surrounding metropolitan hubs.

How much funding has CityScan raised?

CityScan has raised a total of $327K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$177K

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

Debt (2021): $177K led by PPP

Key Investors in CityScan

PPP

Public-Private Partnership

What's next for CityScan?

With this late-stage financing, CityScan is well-positioned to scale its proprietary scanning methodologies and expand its geographic footprint. The capital will likely be deployed toward upgrading its fleet of GPR equipment and investing in data analytics software to improve the accuracy of subsurface mapping. As urban density increases and infrastructure renewal becomes a national priority, CityScan's ability to provide reliable, non-destructive site intelligence will remain a high-demand service. The company is expected to focus on operational efficiency and market penetration, ensuring that its technical expertise remains the industry standard for risk-averse construction management.

See full CityScan company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingComputer Equipment & PeripheralsManufacturing
Business ServicesSoftware TestingProject Management
Advertising NetworksBusiness ServicesCall Centers & Business Centers
Business ServicesHuman Resources Management Systems (HRMS)Advertising Networks

Frequently Asked Questions Regarding CityScan Financial Insights

What are the most recent funding rounds that CityScan has completed, and what were the funding rounds?
CityScan has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 28, 2020.
What is the total amount of funding CityScan has raised to date?
CityScan has raised a total of $327K in funding to date.
How many funding rounds has CityScan completed?
CityScan has completed 2 funding rounds.
How much funding did CityScan raise in its most recent funding round?
CityScan raised $177K in its most recent funding round.
Who are the lead investors in CityScan's latest funding round?
The lead investor in CityScan'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 CityScan's history?
The largest funding round in CityScan's history was $177K.
See more information about CityScan