How Much Did Phoenix Engineering Raise?
Funding & Key Investors

Phoenix Engineering, a Baltimore-based civil engineering firm, has successfully secured significant capital to bolster its operational capacity. With a cumulative total of $1.1M, the firm continues to demonstrate its resilience in the infrastructure sector. The most recent strategic investment of $707K underscores the company's commitment to scaling its service offerings and enhancing its project management framework for complex, multi-faceted civil engineering initiatives.

What is Phoenix Engineering?

Phoenix Engineering
ConstructionArchitecture, Engineering & Design

Phoenix Engineering operates as a certified Minority Business Enterprise (MBE), Women Business Enterprise (WBE), and Disadvantaged Business Enterprise (DBE), positioning itself as a critical partner for public and private sector infrastructure projects. The firm provides a comprehensive suite of services, including engineering design, cost consulting, and specialized field services. By integrating process-driven project management, Phoenix Engineering effectively addresses the technical gaps in large-scale construction and development projects, ensuring seamless execution from inception to completion. Their market position is defined by a high degree of technical proficiency and a commitment to delivering value-added engineering solutions that meet rigorous regulatory and operational standards.

How much funding has Phoenix Engineering raised?

Phoenix Engineering has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$707K

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

Debt (2021): $707K led by PPP

Key Investors in Phoenix Engineering

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Phoenix Engineering?

Looking ahead, the infusion of capital is expected to accelerate the firm's ability to undertake larger, more complex infrastructure mandates. As the company transitions into a more mature phase of its lifecycle, the focus will likely shift toward expanding its geographic footprint and investing in advanced engineering technologies to optimize cost-consulting accuracy. By leveraging its status as a certified diverse supplier, Phoenix Engineering is well-positioned to capture a larger share of government-funded infrastructure contracts, which remain a primary driver of growth in the current economic climate. The firm's strategic roadmap emphasizes operational excellence and the continued refinement of its project delivery models to maintain a competitive edge in the civil engineering landscape.

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Frequently Asked Questions Regarding Phoenix Engineering Financial Insights

What are the most recent funding rounds that Phoenix Engineering has completed, and what were the funding rounds?
Phoenix Engineering has recently completed 2 funding rounds: Debt on Mar 1, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Phoenix Engineering has raised to date?
Phoenix Engineering has raised a total of $1.1M in funding to date.
How many funding rounds has Phoenix Engineering completed?
Phoenix Engineering has completed 2 funding rounds.
How much funding did Phoenix Engineering raise in its most recent funding round?
Phoenix Engineering raised $707K in its most recent funding round.
Who are the lead investors in Phoenix Engineering's latest funding round?
The lead investor in Phoenix 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 Phoenix Engineering's history?
The largest funding round in Phoenix Engineering's history was $707K.
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