How Much Did Quality Testing and Engineering Raise?
Funding & Key Investors

Quality Testing and Engineering (QTE) has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established position in the construction testing and engineering sector, particularly within the St. Louis metro area and Southern Illinois. The latest financing round, described as a major strategic investment, signals a period of accelerated growth and potential expansion for the firm.

What is Quality Testing and Engineering?

Quality Testing and Engineering
ConstructionArchitecture, Engineering & Design

Quality Testing & Engineering, Inc. (QTE) is a premier construction testing and engineering company established in 2000. Serving the St. Louis metro area and Southern Illinois, QTE offers a comprehensive suite of services including construction materials testing, geotechnical engineering, and environmental consulting. The company caters to a diverse clientele across commercial, educational, industrial, and municipal sectors, delivering reliable testing and engineering solutions for projects of varying scales. QTE is recognized for its unwavering commitment to quality and adherence to stringent safety standards, making it a trusted partner in the construction industry.

How much funding has Quality Testing and Engineering raised?

Quality Testing and Engineering has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Quality Testing and Engineering

PPP

Public-Private Partnership

What's next for Quality Testing and Engineering?

With the recent injection of capital, Quality Testing and Engineering is poised for strategic advancement. The 'large-scale late-stage funding' context suggests QTE may be looking to scale its operations, invest in new technologies, or expand its geographical reach. This strategic investment will likely enable the company to enhance its service offerings and solidify its market leadership. Future developments may include acquisitions or partnerships aimed at broadening its capabilities and client base, further cementing its role as a key player in construction support services.

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Frequently Asked Questions Regarding Quality Testing and Engineering Financial Insights

What are the most recent funding rounds that Quality Testing and Engineering has completed, and what were the funding rounds?
Quality Testing and Engineering has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Quality Testing and Engineering has raised to date?
Quality Testing and Engineering has raised a total of $150K in funding to date.
How many funding rounds has Quality Testing and Engineering completed?
Quality Testing and Engineering has completed 1 funding rounds.
How much funding did Quality Testing and Engineering raise in its most recent funding round?
Quality Testing and Engineering raised $150K in its most recent funding round.
Who are the lead investors in Quality Testing and Engineering's latest funding round?
The lead investor in Quality Testing and 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 Quality Testing and Engineering's history?
The largest funding round in Quality Testing and Engineering's history was $150K.
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