What is CID Associates?
CID Associates, Inc. is a family-owned enterprise renowned for its specialized manufacturing of prefabricated modular buildings. Their product portfolio includes crane-liftable solutions, control rooms, and modular offices, serving critical industries such as petrochemical, pharmaceutical, military, and general manufacturing. The company distinguishes itself by offering comprehensive turnkey solutions, delivering custom-built enclosures and integrated control systems engineered for both robust functionality and enduring durability. This focus on bespoke design and efficient production allows CID Associates to adeptly meet the complex requirements of a diverse clientele, from initial prototyping through to mass production.
How much funding has CID Associates raised?
CID Associates has raised a total of $1.3M across 2 funding rounds:
Debt
$350K
Debt
$902K
Debt (2020): $350K with participation from PPP
Debt (2021): $902K led by PPP
Key Investors in CID Associates
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor participated in the funding round, contributing to the company's capital structure. The specific nature of their strategic interest remains private.
What's next for CID Associates?
The recent major strategic investment indicates a phase of accelerated scaling and potential market expansion for CID Associates. This capital infusion is likely to fuel advancements in their modular building technologies, enhance manufacturing capabilities, and potentially broaden their industry reach. The company's established expertise in delivering custom, durable solutions positions them for continued success in capturing opportunities within the infrastructure and industrial sectors.
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