How Much Did Phillips Engineering Raise?
Funding & Key Investors

Phillips Engineering, a prominent player in the electrical engineering consulting sector, has secured $70K in recent financing, contributing to a total funding amount of $70K. This capital infusion, described as substantial expansion capital, aligns with the company's significant Series B/C stage, indicating a period of accelerated growth and strategic development for the Tennessee-based firm.

What is Phillips Engineering?

Phillips Engineering
ConstructionArchitecture, Engineering & Design

Phillips Engineering, Inc. stands as a premier electrical engineering consulting firm with a rich history spanning over 34 years. Headquartered in Tennessee, the company extends its specialized services to a diverse clientele, including municipalities, utility districts, and commercial and industrial entities throughout the Southeastern United States. Their core expertise lies in managing complex water and wastewater projects, alongside the design and oversight of various commercial structures such as police departments and warehouses. Phillips Engineering is recognized for its commitment to meticulous planning, robust project management, and unwavering adherence to stringent safety and engineering standards, solidifying its reputation as a trusted partner.

How much funding has Phillips Engineering raised?

Phillips Engineering has raised a total of $70K across 1 funding round:

2021

Debt

$70K

Debt (2021): $70K with participation from PPP

What's next for Phillips Engineering?

With the recent influx of substantial expansion capital, Phillips Engineering is poised for significant operational scaling and market penetration. The company's strategic positioning within the Series B/C funding stage suggests a focus on enhancing service delivery capabilities, potentially expanding its geographic reach, and investing in advanced engineering technologies. This investment will likely empower Phillips Engineering to undertake larger, more complex projects and further solidify its leadership in the electrical engineering consulting domain, particularly within the water and wastewater infrastructure sectors.

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Frequently Asked Questions Regarding Phillips Engineering Financial Insights

What are the most recent funding rounds that Phillips Engineering has completed, and what were the funding rounds?
Phillips Engineering has recently completed 1 funding rounds: Debt on Feb 16, 2021.
What is the total amount of funding Phillips Engineering has raised to date?
Phillips Engineering has raised a total of $70K in funding to date.
How many funding rounds has Phillips Engineering completed?
Phillips Engineering has completed 1 funding rounds.
How much funding did Phillips Engineering raise in its most recent funding round?
Phillips Engineering raised $70K in its most recent funding round.
Who are the lead investors in Phillips Engineering's latest funding round?
The lead investor in Phillips 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 Phillips Engineering's history?
The largest funding round in Phillips Engineering's history was $70K.
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