How Much Did Phoenix Welding Raise?
Funding & Key Investors

Phoenix Welding, a full-service welding and mechanical contracting company, has secured $2M in total capital, with its most recent financing round bringing in $987K. This major strategic investment underscores the company's established presence and ongoing operational capacity in the industrial contracting sector.

What is Phoenix Welding?

Phoenix Welding
ConstructionConstruction Management

Established in 1985 and based in Portland, Maine, Phoenix Welding operates as a comprehensive welding and mechanical contracting firm. Leveraging decades of management experience in the mechanical trades, the company specializes in executing projects under non-conventional circumstances. Their project portfolio highlights expertise in areas such as new asphalt terminals, intricate piping installations for new tanks, and critical modifications to dock lines. Phoenix Welding emphasizes a core commitment to safety, quality, teamwork, and community engagement, actively seeking skilled professionals to augment its workforce.

How much funding has Phoenix Welding raised?

Phoenix Welding has raised a total of $2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$987K

Debt (2020): $1M with participation from PPP

Debt (2021): $987K led by PPP

What's next for Phoenix Welding?

The recent major strategic investment, alongside the company's substantial total capital, indicates Phoenix Welding is well-positioned for continued operational excellence and potential expansion of its service offerings. This level of enterprise-level funding suggests a focus on maintaining and enhancing its robust capabilities in complex mechanical contracting and specialized welding projects, reinforcing its market standing and capacity to undertake significant industrial assignments.

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Frequently Asked Questions Regarding Phoenix Welding Financial Insights

What are the most recent funding rounds that Phoenix Welding has completed, and what were the funding rounds?
Phoenix Welding has recently completed 2 funding rounds: Debt on Mar 25, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Phoenix Welding has raised to date?
Phoenix Welding has raised a total of $2M in funding to date.
How many funding rounds has Phoenix Welding completed?
Phoenix Welding has completed 2 funding rounds.
How much funding did Phoenix Welding raise in its most recent funding round?
Phoenix Welding raised $987K in its most recent funding round.
Who are the lead investors in Phoenix Welding's latest funding round?
The lead investor in Phoenix Welding'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 Phoenix Welding's history?
The largest funding round in Phoenix Welding's history was $1M.
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