How Much Did I&C Engineering Raise?
Funding & Key Investors

I&C Engineering has successfully secured a significant capital injection, bringing its total funding to $49K. This latest financing round, which accounts for $49K, underscores the firm's robust position within the industrial automation and utility infrastructure sectors. By leveraging this substantial expansion capital, the company is well-positioned to accelerate its service delivery and technical capabilities for both public and private sector clients.

The infusion of resources marks a pivotal moment in the company's growth trajectory, enabling it to scale its specialized engineering solutions. As the demand for sophisticated control and metering systems continues to rise, I&C Engineering remains a critical player in the modernization of electric utility plants and industrial power generation facilities.

What is I&C Engineering?

I&C Engineering
ConstructionArchitecture, Engineering & DesignBusiness Services

Established in 1986 and incorporated in 1989, I&C Engineering has cultivated a reputation as a premier systems integrator. The company specializes in the design and implementation of Distributed Control Systems (DCS), Human Machine Interface (HMI), and Programmable Logic Controllers (PLC). With a deep technical foundation in Allen-Bradley and Rockwell Automation ecosystems, the firm provides end-to-end engineering services, including the fabrication of UL508A approved control panels in its Newburyport, Massachusetts facility.

The company's market position is reinforced by its status as a leading Rockwell Automation System Integrator. This strategic affiliation allows I&C Engineering to provide high-level technical support and custom-configured solutions for complex utility distribution systems, boilers, and combustion turbines. Their commitment to budget-conscious, high-performance engineering makes them a preferred partner for critical infrastructure projects.

How much funding has I&C Engineering raised?

I&C Engineering has raised a total of $49K across 1 funding round:

2021

Debt

$49K

Debt (2021): $49K with participation from PPP

Key Investors in I&C Engineering

PPP

Public-Private Partnership

What's next for I&C Engineering?

With the recent influx of capital, I&C Engineering is poised to deepen its footprint in the industrial power sector. The strategic roadmap likely involves expanding its technical workforce and enhancing its proprietary data historian software capabilities to meet the evolving needs of smart grid and campus utility management. By focusing on high-efficiency control systems, the firm is set to capitalize on the ongoing digital transformation of industrial power generation.

Furthermore, the company is expected to leverage its existing relationships with major hardware providers to offer more integrated, turnkey solutions. As the industry shifts toward more automated and data-driven utility management, I&C Engineering's ability to combine legacy engineering expertise with modern networking and control technologies will be a key driver of its long-term competitive advantage.

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Frequently Asked Questions Regarding I&C Engineering Financial Insights

What are the most recent funding rounds that I&C Engineering has completed, and what were the funding rounds?
I&C Engineering has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding I&C Engineering has raised to date?
I&C Engineering has raised a total of $49K in funding to date.
How many funding rounds has I&C Engineering completed?
I&C Engineering has completed 1 funding rounds.
How much funding did I&C Engineering raise in its most recent funding round?
I&C Engineering raised $49K in its most recent funding round.
Who are the lead investors in I&C Engineering's latest funding round?
The lead investor in I&C 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 I&C Engineering's history?
The largest funding round in I&C Engineering's history was $49K.
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