How Much Did Quality Inspection & Testing Raise?
Funding & Key Investors

Quality Inspection & Testing, Inc. has secured $577K in total capital, with its most recent financing round bringing in $427K. This major strategic investment underscores the company's significant role in the enterprise-level funding landscape.

What is Quality Inspection & Testing?

Quality Inspection & Testing
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

Quality Inspection & Testing, Inc., founded in 2001 and headquartered in New Iberia, Louisiana, is a prominent provider of Non-Destructive and Destructive Testing services. The company offers a comprehensive suite of inspection solutions, including Radiographic Testing, Ultrasonic Testing, Magnetic Particle Testing, Liquid Penetrant Testing, Positive Material Identification, Eddy Current Testing, Hardness Testing, and Leak Testing. They also provide specialized services such as Pad Eye Pull Testing, AWS-Certified Welding Inspector services, API 510, 570, and 653 Inspector qualifications, Welding Procedure Qualifications, Welder Qualifications, Charpy Impact Testing, NDT Training, and Post Weld Heat Treatment (PWHT) / Stress Relieving. Their expertise is crucial for the oil & gas and petrochemical industries, ensuring safety and compliance through rigorous quality assurance.

How much funding has Quality Inspection & Testing raised?

Quality Inspection & Testing has raised a total of $577K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$427K

Debt (2020): $150K with participation from PPP

Debt (2021): $427K led by PPP

Key Investors in Quality Inspection & Testing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Quality Inspection & Testing?

The recent major strategic investment signals a period of accelerated growth and potential expansion for Quality Inspection & Testing, Inc. This capital infusion is likely to bolster the company's service offerings, enhance its technological capabilities, and potentially broaden its market reach within the critical oil & gas and petrochemical sectors. The company's established reputation and comprehensive service portfolio position it for continued success and further development in its specialized field.

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Frequently Asked Questions Regarding Quality Inspection & Testing Financial Insights

What are the most recent funding rounds that Quality Inspection & Testing has completed, and what were the funding rounds?
Quality Inspection & Testing has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Quality Inspection & Testing has raised to date?
Quality Inspection & Testing has raised a total of $577K in funding to date.
How many funding rounds has Quality Inspection & Testing completed?
Quality Inspection & Testing has completed 2 funding rounds.
How much funding did Quality Inspection & Testing raise in its most recent funding round?
Quality Inspection & Testing raised $427K in its most recent funding round.
Who are the lead investors in Quality Inspection & Testing's latest funding round?
The lead investor in Quality Inspection & 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 Quality Inspection & Testing's history?
The largest funding round in Quality Inspection & Testing's history was $427K.
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