How Much Did Phillips Engineering Raise?
Funding & Key Investors

Phillips Engineering has secured $70K in recent financing, contributing to a total funding amount of $70K. This capital infusion underscores the company's significant Series B/C stage and its strategic positioning for substantial expansion.

What is Phillips Engineering?

Phillips Engineering
ConstructionArchitecture, Engineering & Design

Phillips Engineering, Inc. is a distinguished electrical engineering consulting firm headquartered in Tennessee, serving a diverse clientele including municipalities, utility districts, and commercial and industrial entities throughout the Southeast. With an impressive legacy spanning over 34 years, the firm has cultivated expertise in critical infrastructure projects, particularly in water and wastewater systems, alongside various commercial developments such as police departments and industrial facilities. Their operational philosophy is anchored in meticulous planning, robust project management, and unwavering adherence to stringent safety and engineering standards, establishing them as a reliable partner for complex engineering challenges.

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?

The recent influx of substantial expansion capital signals a pivotal growth phase for Phillips Engineering, aligning with its Series B/C funding context. This strategic investment is anticipated to fuel further development of its service offerings, potentially enabling geographic expansion into new markets or enhancing its capabilities in specialized engineering domains. The company's established track record and focus on quality suggest a trajectory aimed at solidifying its leadership in the electrical engineering consulting sector.

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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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