Jacobs Engineering
Jacobs Engineering Raises $15B in Public
Quick Facts
Jacobs Engineering Raises $15B in Public
Jacobs Engineering has successfully raised $15B in a Public at a $18B valuation led by Public.
Company Overview
Jacobs Engineering is a Construction company headquartered in 1999 Bryan Street, Dallas, TX 75201, founded in 1947 with 55000+ employees.
Engineering company
Fundraising Details
- Amount Raised: $15B
- Round Type: Public
- Valuation: $18B
- Date: 2024-01-01
- Investors: Public
About Jacobs Engineering
Engineering company The company is positioned in the Construction sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 1999 Bryan Street, Dallas, TX 75201
- Founded: 1947
- Team Size: 55000+
- Industry: Construction
What This Means
This funding round demonstrates strong investor confidence in Jacobs Engineering's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Construction sector continues to attract significant investment as companies innovate to meet evolving market demands. Jacobs Engineering's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $18B valuation marks an important milestone for Jacobs Engineering, positioning the company among notable players in the Construction industry.
Looking Ahead
With this new capital, Jacobs Engineering is well-positioned to execute on its growth strategy and continue building innovative solutions in the Construction space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Jacobs Engineering, visit their headquarters at 1999 Bryan Street, Dallas, TX 75201.
About the Author
Related Company Reports
Anthropic Raises $2B in Series D
Anthropic, a AI/ML company based in San Francisco, CA, has raised $2B in Series D at a $18B valuation led by Menlo Ventures, Spark Capital, Google.
xAI Raises $6B in Series C
xAI, a AI/ML company based in San Francisco, CA, has raised $6B in Series C at a $40B valuation led by Sequoia Capital, a16z, Valor Equity.
Adept AI Raises $350M in Series B
Adept AI, a AI/ML company based in San Francisco, CA, has raised $350M in Series B at a $1B valuation led by General Catalyst, Spark Capital, Addition.