How Much Did Gurney Engineering Raise?
Funding & Key Investors

Gurney Engineering has secured $450K in total funding, with its most recent capital infusion amounting to $300K in a major strategic investment announced on March 31, 2024. This significant backing underscores the company's established presence and ongoing growth within the industrial and commercial water treatment sector.

What is Gurney Engineering?

Gurney Engineering
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Gurney Water Treatment NE, founded in 1955, is a New England-based provider of comprehensive water treatment services for industrial and commercial clients. The company specializes in HVAC systems, boilers, and heating and cooling systems, offering custom control systems, disinfection, water testing, and a diverse range of chemical products. Serving over 400 customers across 2000 facilities in sectors including healthcare, education, hospitality, and manufacturing, Gurney Water Treatment NE has built a long-standing reputation for ensuring optimal water quality and operational efficiency.

How much funding has Gurney Engineering raised?

Gurney Engineering has raised a total of $450K across 2 funding rounds:

2020

Debt

$150K

2024

Debt

$300K

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

Debt (2024): $300K led by Rockland Trust

Key Investors in Gurney Engineering

Rockland Trust

Rockland Trust is a financial institution that likely provides debt financing and banking services, supporting the operational and growth capital needs of established businesses like Gurney Engineering.

PPP

Public-Private Partnership

What's next for Gurney Engineering?

The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Gurney Engineering for accelerated expansion and enhanced service delivery. This capital infusion is expected to fuel further development of their specialized water treatment solutions, potentially enabling broader market penetration across New England and beyond. The company's focus on critical infrastructure like HVAC and boiler systems, coupled with its extensive customer base, suggests a strategic direction towards solidifying its market leadership and exploring new technological advancements in water management.

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Frequently Asked Questions Regarding Gurney Engineering Financial Insights

What are the most recent funding rounds that Gurney Engineering has completed, and what were the funding rounds?
Gurney Engineering has recently completed 2 funding rounds: Debt on Mar 31, 2024, Debt on Apr 15, 2020.
What is the total amount of funding Gurney Engineering has raised to date?
Gurney Engineering has raised a total of $450K in funding to date.
How many funding rounds has Gurney Engineering completed?
Gurney Engineering has completed 2 funding rounds.
How much funding did Gurney Engineering raise in its most recent funding round?
Gurney Engineering raised $300K in its most recent funding round.
Who are the lead investors in Gurney Engineering's latest funding round?
The lead investor in Gurney Engineering's latest funding round was Rockland Trust. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Gurney Engineering's history?
The largest funding round in Gurney Engineering's history was $300K.
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