How Much Did Compressor Engineering Raise?
Funding & Key Investors

Compressor Engineering Corporation (CEC), a long-standing provider of industrial air compressors and related equipment, has recently secured a $150K in a major strategic investment, contributing to its $150K in overall capital. This significant backing underscores the company's established position in the market and its ongoing importance to industrial operations across Eastern Michigan.

What is Compressor Engineering?

Compressor Engineering
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Founded in 1958 and headquartered in Detroit, Michigan, Compressor Engineering Corporation (CEC) specializes in delivering dependable air compressors, air dryers, and essential related equipment. The company serves a critical role in supporting the continuous operations of industrial clients through sales, rentals, service, maintenance, and repair. CEC's foundation is built upon factory-trained technicians with decades of experience, leveraging state-of-the-art Gardner Denver products. Their commitment extends beyond the sale, offering comprehensive and reliable ongoing support for compressor systems and dryer needs, making them a trusted partner for thousands of industrial customers in Eastern Michigan.

How much funding has Compressor Engineering raised?

Compressor Engineering has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Compressor Engineering

PPP

Public-Private Partnership

What's next for Compressor Engineering?

The recent strategic investment signals a phase of potential expansion or enhancement for Compressor Engineering Corporation. Given its history and focus on dependable service, this capital infusion is likely to bolster its operational capabilities, fleet of service trucks, and potentially broaden its service area or product offerings. This strategic backing will enable CEC to further solidify its reputation as Michigan's Total Air Compressor Solutions Provider and continue to meet the evolving demands of its industrial clientele.

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Frequently Asked Questions Regarding Compressor Engineering Financial Insights

What are the most recent funding rounds that Compressor Engineering has completed, and what were the funding rounds?
Compressor Engineering has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding Compressor Engineering has raised to date?
Compressor Engineering has raised a total of $150K in funding to date.
How many funding rounds has Compressor Engineering completed?
Compressor Engineering has completed 1 funding rounds.
How much funding did Compressor Engineering raise in its most recent funding round?
Compressor Engineering raised $150K in its most recent funding round.
Who are the lead investors in Compressor Engineering's latest funding round?
The lead investor in Compressor 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 Compressor Engineering's history?
The largest funding round in Compressor Engineering's history was $150K.
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