How Much Did Eritek Raise?
Funding & Key Investors

Eritek has secured $478K in total financing, with its most recent funding round bringing in $328K in a major strategic investment. This significant capital infusion positions the company for its next phase of growth.

What is Eritek?

Eritek
Business ServicesResearch & DevelopmentProject Management

Eritek, Inc. is a Virginia-based entity specializing in a broad spectrum of engineering and analytical services, alongside technology product development for both government and commercial sectors. The company boasts a team of highly skilled engineers with deep expertise in areas such as systems engineering, RF and optical communications, signal processing, waveform design, motor control systems, laser etching, power beaming, atmospheric scattering, and the mathematical modeling of intricate systems. Eritek's commercial offerings include VisSim communications modules, portable multi-spectral IR cameras, a free-space optics range simulator, and advanced laser etching/ablation systems.

How much funding has Eritek raised?

Eritek has raised a total of $478K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$328K

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

Debt (2021): $328K led by PPP

Key Investors in Eritek

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Eritek?

The substantial late-stage funding Eritek has achieved indicates a strong market validation and provides the necessary capital for scaling operations, further research and development, and potentially expanding its market reach. This strategic investment will likely fuel the company's ability to enhance its existing product lines and explore new technological frontiers in its core engineering and analytical service areas.

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Frequently Asked Questions Regarding Eritek Financial Insights

What are the most recent funding rounds that Eritek has completed, and what were the funding rounds?
Eritek has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Eritek has raised to date?
Eritek has raised a total of $478K in funding to date.
How many funding rounds has Eritek completed?
Eritek has completed 2 funding rounds.
How much funding did Eritek raise in its most recent funding round?
Eritek raised $328K in its most recent funding round.
Who are the lead investors in Eritek's latest funding round?
The lead investor in Eritek'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 Eritek's history?
The largest funding round in Eritek's history was $328K.
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