How Much Did Summey Engineering Associates Raise?
Funding & Key Investors

Summey Engineering Associates has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a cumulative capital infusion reaching $132K, the firm is well-positioned to expand its regional footprint. This latest financing round, totaling $132K, underscores the market confidence in the company's long-standing expertise in structural and site development engineering.

What is Summey Engineering Associates?

Summey Engineering Associates
ConstructionArchitecture, Engineering & Design

Established in 2004, Summey Engineering Associates, PLLC has evolved into a multifaceted engineering consultancy serving North Carolina, South Carolina, and Virginia. The firm provides a comprehensive suite of technical services, including foundation design, structural analysis, site development, and land surveying. By catering to a diverse client base ranging from large-scale industrial projects to residential developments, the company has solidified its reputation for delivering professional designs and cost-effective solutions. Beyond core engineering, the firm serves as a critical partner for financial institutions and real estate professionals by providing essential FHA/VA foundation and structural inspections, ensuring compliance and safety across the built environment.

How much funding has Summey Engineering Associates raised?

Summey Engineering Associates has raised a total of $132K across 1 funding round:

2021

Debt

$132K

Debt (2021): $132K with participation from PPP

Key Investors in Summey Engineering Associates

PPP

Public-Private Partnership

What's next for Summey Engineering Associates?

With the influx of this recent capital, Summey Engineering Associates is poised to scale its service delivery capabilities and potentially broaden its geographic reach. The late-stage funding context suggests a strategic pivot toward optimizing operational efficiencies and investing in advanced design technologies to maintain a competitive edge in the engineering sector. As the firm continues to navigate the complexities of infrastructure development, this financial backing provides the necessary liquidity to pursue larger-scale industrial contracts and enhance its service portfolio, ensuring long-term sustainability and market leadership in the mid-Atlantic region.

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Frequently Asked Questions Regarding Summey Engineering Associates Financial Insights

What are the most recent funding rounds that Summey Engineering Associates has completed, and what were the funding rounds?
Summey Engineering Associates has recently completed 1 funding rounds: Debt on Feb 9, 2021.
What is the total amount of funding Summey Engineering Associates has raised to date?
Summey Engineering Associates has raised a total of $132K in funding to date.
How many funding rounds has Summey Engineering Associates completed?
Summey Engineering Associates has completed 1 funding rounds.
How much funding did Summey Engineering Associates raise in its most recent funding round?
Summey Engineering Associates raised $132K in its most recent funding round.
Who are the lead investors in Summey Engineering Associates's latest funding round?
The lead investor in Summey Engineering Associates'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 Summey Engineering Associates's history?
The largest funding round in Summey Engineering Associates's history was $132K.
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