How Much Did STATE Testing Raise?
Funding & Key Investors

STATE Testing has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a cumulative capital backing of $350K, the firm continues to solidify its position as a leader in the materials engineering sector. This latest injection of $350K underscores investor confidence in the company's ability to scale its specialized quality assurance and control services within the infrastructure and construction markets.

What is STATE Testing?

STATE Testing
Business ServicesResearch & DevelopmentArchitecture, Engineering & Design

STATE Testing operates as a specialized provider of materials engineering services, distinguishing itself through a rigorous focus on Quality Control (QC) and Quality Assurance (QA). Unlike firms that limit their scope to post-project reporting, STATE Testing integrates its technical expertise directly into the project lifecycle to mitigate risk and enhance structural integrity. The company maintains high-level accreditations, including AASHTO recognition for its East Dundee and O'Hare laboratory facilities, which are formally acknowledged by the Illinois Department of Transportation (IDOT) and the Federal Highway Administration (FHWA). By prioritizing continuous technician training and maintaining advanced certifications such as PCC and HMA Level III, the organization ensures that its testing protocols meet the most stringent industry standards for public and private sector projects.

How much funding has STATE Testing raised?

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

2020

Debt

$350K

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

Key Investors in STATE Testing

PPP

Public-Private Partnership

What's next for STATE Testing?

With the recent infusion of capital, STATE Testing is well-positioned to expand its technical footprint and enhance its laboratory capabilities. The strategic focus will likely shift toward scaling its service delivery model to accommodate larger, more complex infrastructure projects that require high-fidelity testing and compliance oversight. By leveraging its established reputation for technical excellence and its accredited laboratory network, the company is poised to capture additional market share in the competitive materials engineering landscape. Future growth initiatives will likely involve further investment in advanced testing technologies and the expansion of its highly certified workforce to meet the increasing demand for rigorous quality assurance in modern construction.

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Frequently Asked Questions Regarding STATE Testing Financial Insights

What are the most recent funding rounds that STATE Testing has completed, and what were the funding rounds?
STATE Testing has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding STATE Testing has raised to date?
STATE Testing has raised a total of $350K in funding to date.
How many funding rounds has STATE Testing completed?
STATE Testing has completed 1 funding rounds.
How much funding did STATE Testing raise in its most recent funding round?
STATE Testing raised $350K in its most recent funding round.
Who are the lead investors in STATE Testing's latest funding round?
The lead investor in STATE 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 STATE Testing's history?
The largest funding round in STATE Testing's history was $350K.
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