How Much Did SumaTech Raise?
Funding & Key Investors

SumaTech has secured $350K in total funding, with its most recent capital infusion amounting to $350K in a major strategic investment. This significant backing underscores the company's established presence and ongoing strategic initiatives within the architectural and engineering design services sector.

What is SumaTech?

SumaTech
ConstructionArchitecture, Engineering & Design

Established in 1993, SumaTech, Inc. is a long-standing provider of cost-effective design services tailored for Architectural & Engineering Firms across the USA. Specializing in Architectural Design, Civil Engineering, Structural Engineering, and CAD Production, SumaTech offers a distinct cost advantage to its clientele. The company's core mission is to enable clients to deliver superior value without compromising quality or project timelines, while also assisting them in maintaining stable staffing levels amidst fluctuating workloads. SumaTech employs a proven Project Execution Procedure (PEP) and its team is well-versed in US codes, standards, and design practices. Leveraging internet-based communication tools, SumaTech operates as an extension of its clients' offices, utilizing time zone differences to accelerate project schedules and minimize overheads, effectively compressing project timelines.

How much funding has SumaTech raised?

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

2020

Debt

$350K

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

Key Investors in SumaTech

PPP

Public-Private Partnership

What's next for SumaTech?

The recent major strategic investment, occurring within the context of SumaTech's large-scale late-stage funding, suggests a strategic pivot or expansion phase. This capital infusion is likely earmarked for enhancing service offerings, expanding market reach, or integrating advanced technologies to further solidify its competitive edge in the architectural and engineering design outsourcing market. The company's focus on cost-effectiveness and quality delivery, combined with its extensive history, positions it for continued growth and adaptation in a dynamic industry.

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Frequently Asked Questions Regarding SumaTech Financial Insights

What are the most recent funding rounds that SumaTech has completed, and what were the funding rounds?
SumaTech has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding SumaTech has raised to date?
SumaTech has raised a total of $350K in funding to date.
How many funding rounds has SumaTech completed?
SumaTech has completed 1 funding rounds.
How much funding did SumaTech raise in its most recent funding round?
SumaTech raised $350K in its most recent funding round.
Who are the lead investors in SumaTech's latest funding round?
The lead investor in SumaTech'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 SumaTech's history?
The largest funding round in SumaTech's history was $350K.
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