How Much Did Hallberg Engineering Raise?
Funding & Key Investors

Hallberg Engineering, a prominent mechanical and electrical engineering consulting firm based in Minnesota, has secured $350K in total capital, with its most recent funding round bringing in $350K. This major strategic investment underscores the company's established position and ongoing growth trajectory in the competitive engineering services sector. The firm's history, dating back to 1979, highlights a sustained commitment to delivering high-quality design and assessment services.

What is Hallberg Engineering?

Hallberg Engineering
ConstructionArchitecture, Engineering & Design

Founded in 1979, Hallberg Engineering has solidified its reputation as a leader in mechanical and electrical engineering consulting. The company provides a comprehensive suite of services, including mechanical and electrical design, commissioning, technology design, and assessments. Hallberg Engineering serves a diverse range of markets, encompassing K-12 education, government facilities, healthcare institutions, higher education campuses, hospitality venues, and retail spaces. Operating as a Small and Minority-Owned Business, the firm employs over 40 professional staff dedicated to delivering exceptional engineering design and superior client service. With professional licensing across 49 U.S. states and 5 Canadian provinces, Hallberg Engineering is adept at supporting new construction, renovations, and expansion projects across a broad geographical footprint.

How much funding has Hallberg Engineering raised?

Hallberg Engineering has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Hallberg Engineering?

The recent major strategic investment in Hallberg Engineering, within the context of large-scale late-stage funding, signals a pivotal moment for the company. This capital infusion is likely to fuel further expansion of its service offerings, enhance its technological capabilities, and potentially broaden its market reach. As a well-established entity with a strong track record and a broad licensing base, Hallberg Engineering is strategically positioned to capitalize on opportunities in infrastructure development, educational facility upgrades, and healthcare expansion projects. The company's focus on quality and client service, combined with its diverse market penetration, suggests a continued path of robust growth and industry leadership.

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Frequently Asked Questions Regarding Hallberg Engineering Financial Insights

What are the most recent funding rounds that Hallberg Engineering has completed, and what were the funding rounds?
Hallberg Engineering has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Hallberg Engineering has raised to date?
Hallberg Engineering has raised a total of $350K in funding to date.
How many funding rounds has Hallberg Engineering completed?
Hallberg Engineering has completed 1 funding rounds.
How much funding did Hallberg Engineering raise in its most recent funding round?
Hallberg Engineering raised $350K in its most recent funding round.
Who are the lead investors in Hallberg Engineering's latest funding round?
The lead investor in Hallberg Engineering'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 Hallberg Engineering's history?
The largest funding round in Hallberg Engineering's history was $350K.
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