Parametric Solutions

company

About

Parametric Solutions specializing in product development, prototyping and manufacturing.

  • 251 - 500

Details

Last Funding Type
Grant
Last Funding Money Raised
$16M
Founded date
Feb 4, 1993
Number Of Employee
251 - 500
Operating Status
Active

Parametric Solutions, Inc. (PSI) is a privately owned engineering services company, based in Jupiter, FL. The company provides design, analysis, prototyping, instrumentation and testing services for new products of various industries. The company has been in business since 1993, and recently launched a sister company, PSI Manufacturing Operations, LLC to produce prototype products at low rate production volumes (~30/month).

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$16M
Parametric Solutions has raised a total of $16M in funding over 2 rounds. Their latest funding was raised on Jul 21, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 21, 2020 Grant $16M 1 US Department of Energy Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Parametric Solutions is funded by 1 investors. US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Grant