How Much Did McCray Drilling Raise?
Funding & Key Investors

McCray Drilling has solidified its market position through a significant capital infusion, reaching a cumulative total of $150K in financing. This latest major strategic investment of $150K underscores the firm's critical role in the civil and environmental engineering landscape, providing the necessary liquidity to support its expansive operational footprint across the Southern United States. The influx of capital serves as a testament to the company's robust service delivery model and its long-term viability within the infrastructure sector.

What is McCray Drilling?

McCray Drilling
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Operating as a specialized provider of professional drilling and testing services, McCray Drilling has established itself as a cornerstone for civil and environmental engineering projects. With a multi-state licensing presence covering Arkansas, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, and Texas, the firm maintains high standards of technical proficiency, evidenced by its active membership in the National Ground Water Association and the National Drilling Association. The company's expertise in subsurface investigation and environmental compliance has made it an essential partner for large-scale infrastructure development, ensuring that engineering firms have the precise data required for complex construction and remediation efforts.

How much funding has McCray Drilling raised?

McCray Drilling has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in McCray Drilling

PPP

Public-Private Partnership

What's next for McCray Drilling?

The strategic trajectory for McCray Drilling is defined by its upcoming integration into UES, a move that marks a pivotal transition in the company's lifecycle. By joining forces with a larger entity, McCray Drilling is positioned to leverage enhanced resources and broader service capabilities, effectively scaling its specialized drilling operations. This consolidation reflects a broader trend in the engineering services market, where specialized firms are increasingly absorbed into larger platforms to achieve operational synergies and expanded geographic reach. Moving forward, the entity will continue to provide its core services under the UES banner, maintaining its commitment to technical excellence while benefiting from the increased scale and market influence of its parent organization.

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Frequently Asked Questions Regarding McCray Drilling Financial Insights

What are the most recent funding rounds that McCray Drilling has completed, and what were the funding rounds?
McCray Drilling has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding McCray Drilling has raised to date?
McCray Drilling has raised a total of $150K in funding to date.
How many funding rounds has McCray Drilling completed?
McCray Drilling has completed 1 funding rounds.
How much funding did McCray Drilling raise in its most recent funding round?
McCray Drilling raised $150K in its most recent funding round.
Who are the lead investors in McCray Drilling's latest funding round?
The lead investor in McCray Drilling'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 McCray Drilling's history?
The largest funding round in McCray Drilling's history was $150K.
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