What is Concord Engineering?
Concord Engineering is a premier electrical engineering service provider based in Miami, Florida, dedicated to delivering outstanding, creative, and cost-effective solutions for electrical installations, controls, and systems automation. The company emphasizes safety and turnkey implementations, aiming to establish a firm operational state for its clients with robust electrical foundations. Their expertise spans Electrical Controls, Design, and Consulting, offering a range of digital control options from leading brands like SIEMENS, Westinghouse, Bailey, and Yokogawa. Concord also specializes in custom Data Acquisition System Design and PLC-Based Control System Design, ensuring powerful, consistent operation and rapid data access. Their comprehensive services include professional electrical contracting, automation, controls, and fiber optics, catering to the South Florida region.
How much funding has Concord Engineering raised?
Concord Engineering has raised a total of $391K across 2 funding rounds:
Debt
$150K
Debt
$241K
Debt (2020): $150K with participation from PPP
Debt (2021): $241K led by PPP
Key Investors in Concord Engineering
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Concord Engineering?
The recent major strategic investment signifies a pivotal moment for Concord Engineering, likely enabling the company to accelerate its growth trajectory. This capital infusion is expected to fuel advancements in their service offerings, potentially expanding their technological capabilities in areas such as advanced automation and data acquisition systems. Furthermore, the funding may support geographic expansion or enhance their capacity to undertake larger, more complex projects. Concord Engineering's focus on high-end electrical solutions and custom control systems positions them for significant scaling and market leadership in the competitive electrical engineering sector.
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