How Much Did Professional Testing Raise?
Funding & Key Investors

Professional Testing has solidified its market position through a significant capital infusion, securing a total of $350K in cumulative financing. This latest major strategic investment of $350K underscores the firm's enduring relevance in the complex landscape of product certification and regulatory compliance. By leveraging this influx of capital, the organization is well-positioned to enhance its technical infrastructure and expand its service offerings for an increasingly globalized electronic market.

What is Professional Testing?

Professional Testing
Business ServicesResearch & DevelopmentHealthcare Services

Established in 1987, Professional Testing (PTI) operates as a critical nexus in the product development lifecycle, providing comprehensive EMC/EMI, environmental, reliability, and product safety testing. The company serves as a vital partner for manufacturers navigating the labyrinthine regulatory requirements necessary for market entry. With a legacy spanning over three decades, PTI has cultivated a robust international clientele, demonstrating deep expertise in hazardous locations testing and diverse electronic sector compliance. Their operational model is built upon the necessity of speed-to-market, ensuring that clients meet stringent certification goals without compromising on quality or safety standards.

How much funding has Professional Testing raised?

Professional Testing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Professional Testing

PPP

Public-Private Partnership

What's next for Professional Testing?

With the successful acquisition of this late-stage financing, Professional Testing is poised to scale its operational capacity to meet the rising demand for sophisticated compliance testing. The strategic roadmap likely involves upgrading existing laboratory facilities to accommodate emerging technologies and expanding their footprint in the Texas region and beyond. As regulatory environments become more rigorous, PTI's focus will remain on maintaining its reputation as a premier testing authority, potentially exploring automated testing methodologies and expanded certification services to further solidify its competitive advantage in the global testing, inspection, and certification (TIC) industry.

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Frequently Asked Questions Regarding Professional Testing Financial Insights

What are the most recent funding rounds that Professional Testing has completed, and what were the funding rounds?
Professional Testing has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Professional Testing has raised to date?
Professional Testing has raised a total of $350K in funding to date.
How many funding rounds has Professional Testing completed?
Professional Testing has completed 1 funding rounds.
How much funding did Professional Testing raise in its most recent funding round?
Professional Testing raised $350K in its most recent funding round.
Who are the lead investors in Professional Testing's latest funding round?
The lead investor in Professional Testing'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 Professional Testing's history?
The largest funding round in Professional Testing's history was $350K.
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