What is Parametric Solutions?
Parametric Solutions, founded in 1993 and headquartered in Jupiter, Florida, is a specialized engineering services firm. The company excels in providing comprehensive mechanical design and analysis solutions, extending its expertise across mechanical, electrical, structural, industrial, and metallurgy disciplines. Its long-standing history and broad service offering position it as a key player in delivering intricate engineering solutions to a diverse clientele.
How much funding has Parametric Solutions raised?
Parametric Solutions has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Parametric Solutions
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Parametric Solutions?
The recent major strategic investment signals a pivotal phase for Parametric Solutions, likely enabling expansion of its service capabilities, technological advancements, or market penetration. This capital infusion is expected to fuel further innovation in its mechanical design and analysis offerings, potentially solidifying its competitive edge and supporting its continued growth within the enterprise engineering services landscape.
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