How Much Did Evans Composites Raise?
Funding & Key Investors

Evans Composites has secured $714K in total capital, with its most recent financing round bringing in $364K in a major strategic investment. This significant backing underscores the company's established position in the aviation MRO sector.

What is Evans Composites?

Evans Composites
ManufacturingAerospace & DefenseConsumer Services

Evans Composites is a distinguished FAA, EASA, and ISO certified Part 145 Repair Station based in Texas. The company specializes in the comprehensive repair and overhaul of composite, metal bonded, and sheet metal structures, serving corporate, commercial, and military aircraft. With over two decades of operational experience in the Maintenance, Repair, and Overhaul (MRO) industry, Evans Composites has cultivated a reputation for delivering high-quality service and rapid response times. Their commitment to a culture of continuous learning and consistent employee training is central to achieving high client satisfaction rates. The strategic location of their facilities further enhances logistical efficiency for project intake and timely project completion.

How much funding has Evans Composites raised?

Evans Composites has raised a total of $714K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$364K

Debt (2020): $350K with participation from PPP

Debt (2021): $364K led by PPP

What's next for Evans Composites?

The substantial enterprise-level funding context suggests Evans Composites is poised for significant scaling and operational expansion. This capital infusion is likely to fuel advancements in their repair capabilities, potentially through the adoption of new technologies or the expansion of their service offerings. Strategic investments of this magnitude often signal an intent to capture greater market share, enhance competitive positioning, and possibly explore new geographic markets or client segments within the aerospace MRO landscape. The company's focus on quality and rapid turnaround, combined with this financial backing, positions them for continued growth and leadership in the industry.

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Frequently Asked Questions Regarding Evans Composites Financial Insights

What are the most recent funding rounds that Evans Composites has completed, and what were the funding rounds?
Evans Composites has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Evans Composites has raised to date?
Evans Composites has raised a total of $714K in funding to date.
How many funding rounds has Evans Composites completed?
Evans Composites has completed 2 funding rounds.
How much funding did Evans Composites raise in its most recent funding round?
Evans Composites raised $364K in its most recent funding round.
Who are the lead investors in Evans Composites's latest funding round?
The lead investor in Evans Composites'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 Evans Composites's history?
The largest funding round in Evans Composites's history was $364K.
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