What is Criterium Engineers?
Founded in 1957 and headquartered in Freeport, Maine, Criterium Engineers offers a comprehensive suite of services tailored to the real estate sector. Their expertise encompasses property condition assessments, Phase I environmental site assessments, construction monitoring, energy evaluations, cost segregation, and reserve studies. The company serves a diverse clientele, including lenders, real estate investment trusts (REITs), corporate real estate owners, private investors, government entities like HUD/FHA, government-sponsored enterprises, insurance companies, manufacturers, and community associations. This broad client base highlights Criterium Engineers' critical role in supporting real estate transactions and asset management across various industries.
How much funding has Criterium Engineers raised?
Criterium Engineers has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Criterium Engineers
PPP
Public-Private Partnership
What's next for Criterium Engineers?
With the recent influx of capital from a major strategic investment, Criterium Engineers is poised for continued expansion and enhancement of its service offerings. The company's late-stage funding context suggests a focus on scaling operations, potentially through technological advancements in its assessment tools, expanding its geographic reach, or deepening its service capabilities to meet evolving market demands. This strategic financing will likely enable Criterium Engineers to further solidify its leadership in engineering and environmental consulting for the real estate industry, reinforcing its value proposition to its extensive client network.
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