How Much Did Summit Engineering and Design Raise?
Funding & Key Investors

Summit Engineering and Design has secured $58K in total funding, with a recent capital infusion of $58K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage for the company, underscores its growing momentum in the engineering and design sector.

What is Summit Engineering and Design?

Summit Engineering and Design
ConstructionArchitecture, Engineering & Design

Summit Engineering and Design, LLC is a provider of multi-discipline engineering and design services, catering to the marine, refinery, power, and process industries. The company distinguishes itself through specialized 3D laser scanning solutions, including Scan-To-Plan, Scan-To-Design, and Scan-To-Mesh services. Furthermore, Summit Engineering and Design offers the Kohera3D software, designed to enhance CAD applications. Its team comprises experienced designers, programmers, and licensed Professional Engineers, positioning it as a comprehensive solutions provider in its field.

How much funding has Summit Engineering and Design raised?

Summit Engineering and Design has raised a total of $58K across 1 funding round:

2021

Debt

$58K

Debt (2021): $58K with participation from PPP

Key Investors in Summit Engineering and Design

PPP

Public-Private Partnership

What's next for Summit Engineering and Design?

The recent substantial expansion capital suggests Summit Engineering and Design is poised for significant growth and market penetration. This strategic investment will likely fuel the enhancement of its 3D laser scanning capabilities and the further development of its Kohera3D software. The company's focus on specialized services within demanding industries indicates a clear path toward scaling operations and potentially exploring new market segments or technological advancements to maintain its competitive edge.

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Frequently Asked Questions Regarding Summit Engineering and Design Financial Insights

What are the most recent funding rounds that Summit Engineering and Design has completed, and what were the funding rounds?
Summit Engineering and Design has recently completed 1 funding rounds: Debt on Feb 26, 2021.
What is the total amount of funding Summit Engineering and Design has raised to date?
Summit Engineering and Design has raised a total of $58K in funding to date.
How many funding rounds has Summit Engineering and Design completed?
Summit Engineering and Design has completed 1 funding rounds.
How much funding did Summit Engineering and Design raise in its most recent funding round?
Summit Engineering and Design raised $58K in its most recent funding round.
Who are the lead investors in Summit Engineering and Design's latest funding round?
The lead investor in Summit Engineering and Design'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 Summit Engineering and Design's history?
The largest funding round in Summit Engineering and Design's history was $58K.
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