How Much Did Coastal Technical Services Raise?
Funding & Key Investors

Coastal Technical Services has successfully secured a significant capital injection, bringing its total funding to $74K. This latest financing round, which accounts for $74K, underscores the firm's robust position in the specialized disaster recovery and forensic engineering market. By leveraging this substantial expansion capital, the company is well-positioned to scale its laboratory operations and enhance its technical service offerings for industrial and insurance sector clients.

The infusion of capital marks a pivotal moment for the organization, transitioning from a specialized service provider to a broader platform for high-stakes technical assessment. As the firm continues to navigate the complexities of post-loss recovery, this financial backing provides the necessary liquidity to invest in advanced diagnostic equipment and expand its footprint in the competitive landscape of electronic and environmental forensic analysis.

What is Coastal Technical Services?

Coastal Technical Services
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

Coastal Technical Services is a Service Disabled Veteran Owned Small Business that has operated as a critical partner in disaster recovery since 1994. The company provides a comprehensive suite of laboratory and engineering services, specializing in cause and origin assessment, restoration analysis, and environmental rehabilitation. By maintaining an IPC-recognized full-service testing laboratory, the firm delivers high-precision forensic investigations, including ionic residue testing, metallurgical analysis, and electronic assembly inspection. Its market position is defined by its ability to mitigate business interruption for original equipment manufacturers and industrial firms, ensuring that complex electronic and electro-mechanical systems are restored to operational standards following fire, water, or contamination events.

How much funding has Coastal Technical Services raised?

Coastal Technical Services has raised a total of $74K across 1 funding round:

2021

Debt

$74K

Debt (2021): $74K with participation from PPP

Key Investors in Coastal Technical Services

PPP

Public-Private Partnership

What's next for Coastal Technical Services?

With the recent influx of capital, Coastal Technical Services is poised to accelerate its strategic growth initiatives. The company is expected to focus on deepening its technical capabilities within its IPC-recognized laboratory, potentially integrating more automated diagnostic tools to handle the increasing demand for rapid forensic reporting. Furthermore, the firm is likely to leverage its established reputation in the insurance and industrial sectors to capture a larger share of the disaster recovery market. By maintaining its commitment to international standards like IPC-A-610, the company will likely continue to influence industry best practices while scaling its operations to meet the needs of a more diverse, global client base. Future growth will likely center on enhancing its chemical and electronic forensic investigation capacity to address emerging challenges in industrial contamination and equipment failure.

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Frequently Asked Questions Regarding Coastal Technical Services Financial Insights

What are the most recent funding rounds that Coastal Technical Services has completed, and what were the funding rounds?
Coastal Technical Services has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Coastal Technical Services has raised to date?
Coastal Technical Services has raised a total of $74K in funding to date.
How many funding rounds has Coastal Technical Services completed?
Coastal Technical Services has completed 1 funding rounds.
How much funding did Coastal Technical Services raise in its most recent funding round?
Coastal Technical Services raised $74K in its most recent funding round.
Who are the lead investors in Coastal Technical Services's latest funding round?
The lead investor in Coastal Technical Services'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 Coastal Technical Services's history?
The largest funding round in Coastal Technical Services's history was $74K.
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