What is Lumsden Associates?
Lumsden Associates, P.C. is a civil engineering and land surveying firm headquartered in Roanoke, VA. Established in 1968, the company offers a comprehensive suite of services including infrastructure planning, precise mapping, and boundary determination. They serve a diverse clientele across residential, commercial, industrial, and municipal projects, emphasizing adherence to project budgets and timelines. Their specialized services include advanced drone surveys, ALTA/ACSM surveys, and flood elevation certificates, demonstrating a commitment to leveraging modern technology for accurate and tailored client solutions.
How much funding has Lumsden Associates raised?
Lumsden Associates has raised a total of $386K across 2 funding rounds:
Debt
$150K
Debt
$236K
Debt (2020): $150K with participation from PPP
Debt (2021): $236K led by PPP
Key Investors in Lumsden Associates
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Lumsden Associates?
The recent strategic investment signals a phase of potential expansion or technological advancement for Lumsden Associates. Given the company's long-standing history and broad service offering, this capital infusion is likely to support the enhancement of their operational capabilities, potentially through the acquisition of new surveying technologies or the expansion of their engineering teams. This move positions Lumsden Associates to further solidify its market position and pursue larger-scale projects, reinforcing its commitment to delivering high-quality civil engineering and land surveying services.
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