How Much Did Specialized Testing Raise?
Funding & Key Investors

Specialized Testing, a prominent material testing laboratory based in Los Angeles, California, has secured $364K in total capital, with its most recent financing round bringing in $214K as a major strategic investment. This significant backing underscores the company's established position and its ongoing growth trajectory within the specialized testing sector.

The company's history of securing substantial funding, including previous debt financing rounds, indicates a consistent strategy for operational expansion and service enhancement.

What is Specialized Testing?

Specialized Testing
Business ServicesResearch & Development

Specialized Testing operates as a leading material testing laboratory with over 35 years of experience, offering a comprehensive suite of services including concrete testing, ground penetrating radar, concrete scanning, and product qualification testing. Serving engineers, inspectors, and construction professionals across the United States, the company is dedicated to ensuring the safety and integrity of job sites and products through rigorous testing and certification. Their expertise is crucial for clients who depend on reliable data and adherence to various industry standards.

How much funding has Specialized Testing raised?

Specialized Testing has raised a total of $364K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$214K

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

Debt (2021): $214K led by PPP

Key Investors in Specialized Testing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Specialized Testing?

With the recent injection of capital, Specialized Testing is poised for further strategic development and market penetration. The 'large-scale late-stage funding' context suggests a focus on scaling operations, potentially expanding service offerings, or investing in advanced testing technologies. This strategic investment will likely enable the company to enhance its capacity to serve a broader client base and reinforce its commitment to quality and reliability in the material testing industry. Future growth may involve geographical expansion or the development of new testing methodologies to meet evolving industry demands.

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Frequently Asked Questions Regarding Specialized Testing Financial Insights

What are the most recent funding rounds that Specialized Testing has completed, and what were the funding rounds?
Specialized Testing has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Specialized Testing has raised to date?
Specialized Testing has raised a total of $364K in funding to date.
How many funding rounds has Specialized Testing completed?
Specialized Testing has completed 2 funding rounds.
How much funding did Specialized Testing raise in its most recent funding round?
Specialized Testing raised $214K in its most recent funding round.
Who are the lead investors in Specialized Testing's latest funding round?
The lead investor in Specialized 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 Specialized Testing's history?
The largest funding round in Specialized Testing's history was $214K.
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