How Much Did NDE Solutions Raise?
Funding & Key Investors

NDE Solutions, a mid-size Non-Destructive Testing (NDT) company, has secured $1.2M in total capital, with its most recent funding round bringing in $805K. This major strategic investment underscores the company's established position within critical industrial sectors. The enterprise-level funding context suggests NDE Solutions is in a growth phase, likely focused on expanding its service offerings and operational capacity.

What is NDE Solutions?

NDE Solutions
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

NDE Solutions specializes in Radiographic Testing (RT), alongside a suite of other essential inspection services including Liquid Penetrant Testing, Magnetic Particle Testing, and Ultrasonic Thickness Testing. Operating with over 25 mobile darkrooms across three locations, the company is equipped to deliver high-quality NDT work at competitive production rates. Its primary client base is within the energy, pipeline, and fabrication industries, where NDE Solutions provides vital inspection and testing services, earning a reputation for efficiency and reliability, particularly in managing projects with tight deadlines.

How much funding has NDE Solutions raised?

NDE Solutions has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$805K

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

Debt (2021): $805K led by PPP

Key Investors in NDE Solutions

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for NDE Solutions?

With the recent major strategic investment, NDE Solutions is poised for significant advancement. The company's focus on essential services for the energy, pipeline, and fabrication sectors, combined with its robust operational infrastructure, positions it for enhanced market penetration. Future growth is likely to involve scaling its mobile inspection capabilities, potentially expanding into new geographic markets, and further solidifying its role as a key partner for industrial clients requiring stringent quality assurance and timely project completion. This capital infusion will be instrumental in supporting these strategic objectives and maintaining its competitive edge in the NDT market.

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Frequently Asked Questions Regarding NDE Solutions Financial Insights

What are the most recent funding rounds that NDE Solutions has completed, and what were the funding rounds?
NDE Solutions has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 9, 2020.
What is the total amount of funding NDE Solutions has raised to date?
NDE Solutions has raised a total of $1.2M in funding to date.
How many funding rounds has NDE Solutions completed?
NDE Solutions has completed 2 funding rounds.
How much funding did NDE Solutions raise in its most recent funding round?
NDE Solutions raised $805K in its most recent funding round.
Who are the lead investors in NDE Solutions's latest funding round?
The lead investor in NDE Solutions'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 NDE Solutions's history?
The largest funding round in NDE Solutions's history was $805K.
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