How Much Did Material Service Testing Raise?
Funding & Key Investors

Material Service Testing Inc. has secured significant capital, with total funding reaching $350K following a recent major strategic investment of $350K. This substantial backing underscores the company's established position in the construction materials testing and engineering consulting sector, signaling a phase of accelerated growth and market expansion.

What is Material Service Testing?

Material Service Testing
ConstructionArchitecture, Engineering & Design

Material Service Testing Inc. (MST) operates as an IDOT Pre-Qualified, Minority Business Enterprise (MBE), and Disadvantaged Business Enterprise (DBE) construction materials testing laboratory and engineering consulting firm based in the Chicago metropolitan area. The company specializes in pre-construction consulting, construction and materials engineering and inspection, professional laboratory and field services, and forensic material consulting. MST distinguishes itself through a blend of strong technical and management skills, offering innovative solutions and a diverse range of services. Its staff includes over twenty certified field technicians, and its laboratory is accredited by prominent bodies including the U.S. Army Corps of Engineers, IDOT, AASHTO, CCRL, and AMRL.

How much funding has Material Service Testing raised?

Material Service Testing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Material Service Testing

PPP

Public-Private Partnership

What's next for Material Service Testing?

The recent large-scale, late-stage funding indicates Material Service Testing is poised for significant strategic initiatives. This capital infusion is likely to fuel further expansion of its service offerings, enhancement of its laboratory capabilities, and potentially broader geographic reach. The company's focus on innovation and its strong accreditation portfolio position it well to capitalize on infrastructure development and construction projects, leveraging this investment to solidify its market leadership and pursue new opportunities in materials engineering and testing.

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Frequently Asked Questions Regarding Material Service Testing Financial Insights

What are the most recent funding rounds that Material Service Testing has completed, and what were the funding rounds?
Material Service Testing has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Material Service Testing has raised to date?
Material Service Testing has raised a total of $350K in funding to date.
How many funding rounds has Material Service Testing completed?
Material Service Testing has completed 1 funding rounds.
How much funding did Material Service Testing raise in its most recent funding round?
Material Service Testing raised $350K in its most recent funding round.
Who are the lead investors in Material Service Testing's latest funding round?
The lead investor in Material Service Testing'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 Material Service Testing's history?
The largest funding round in Material Service Testing's history was $350K.
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