What is Statewide Engineering?
Statewide Engineering Inc. operates within the Architecture, Engineering & Design industry. Headquartered in Long Beach, California, the company employs between 10 to 19 individuals and reports revenues in the range of $1 million to $5 million. The firm's focus on engineering services positions it as a key player in its market segment.
How much funding has Statewide Engineering raised?
Statewide Engineering has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Statewide Engineering?
The recent major strategic investment, alongside the company's overall funding trajectory, indicates Statewide Engineering is likely in a growth or scaling phase. This capital infusion is expected to fuel further expansion, potentially through new project acquisitions, technological advancements, or market penetration strategies. The company's ability to secure this level of backing suggests strong investor confidence in its business model and future prospects.