How Much Did Engel Raise?
Funding & Key Investors

Engel has secured a significant funding round, bringing its total capital raised to $421K. The company recently announced a major strategic investment of $271K, underscoring its strong market position and growth trajectory in the Architecture, Engineering & Design sector. This latest financing round signifies a critical juncture for Engel as it aims to further scale its operations and expand its market reach.

What is Engel?

Engel
ConstructionArchitecture, Engineering & DesignConsumer Services

Engel & Co. is a notable entity operating within the Architecture, Engineering & Design industry. Headquartered in Bakersfield, California, the company is characterized by its workforce of 10 to 19 employees and an estimated revenue range of $1 million to $5 million. Its operations are centered on providing comprehensive services within its specialized field, contributing to the built environment through its design and engineering expertise.

How much funding has Engel raised?

Engel has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

Debt (2020): $150K with participation from PPP

Debt (2021): $271K led by PPP

Key Investors in Engel

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Engel?

With the recent influx of capital, Engel is poised for accelerated growth and strategic expansion. The substantial backing suggests a focus on scaling operations, potentially through market penetration, service diversification, or technological advancements within the Architecture, Engineering & Design landscape. This late-stage funding indicates investor confidence in Engel's business model and its capacity to deliver significant returns as it navigates its next phase of development.

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Frequently Asked Questions Regarding Engel Financial Insights

What are the most recent funding rounds that Engel has completed, and what were the funding rounds?
Engel has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Engel has raised to date?
Engel has raised a total of $421K in funding to date.
How many funding rounds has Engel completed?
Engel has completed 2 funding rounds.
How much funding did Engel raise in its most recent funding round?
Engel raised $271K in its most recent funding round.
Who are the lead investors in Engel's latest funding round?
The lead investor in Engel'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 Engel's history?
The largest funding round in Engel's history was $271K.
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