What is 123 Construction?
123 Construction is a key player in the Commercial & Residential Construction industry, headquartered in Chicago, Illinois. The company employs between 10 to 19 individuals and generates an estimated revenue of $5 million to $10 million. Its operational focus lies in delivering construction services for both commercial and residential projects, positioning it within a dynamic and essential sector of the economy. The firm's recent funding activity suggests a strategic move towards expansion and enhanced service delivery.
How much funding has 123 Construction raised?
123 Construction has raised a total of $125K across 1 funding round:
Debt
$125K
Debt (2021): $125K with participation from PPP
Key Investors in 123 Construction
PPP
Public-Private Partnership
What's next for 123 Construction?
With the recent influx of capital, 123 Construction is poised for significant growth and strategic development. The large-scale, late-stage funding indicates investor confidence in the company's business model and its potential for future profitability. This backing will likely fuel expansion initiatives, potentially including the acquisition of new technologies, enhancement of project management capabilities, and an increase in workforce size to undertake larger-scale projects. The company is expected to leverage this investment to further cement its position in the Commercial & Residential Construction market, possibly exploring new geographic regions or diversifying its service offerings.
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