What is 71 Construction?
71 Construction is a comprehensive construction, excavation, and paving contractor headquartered in Wyoming, established in 1979 through the consolidation of two regional entities. The company offers a broad spectrum of services, including water and sewer infrastructure development, asphalt paving, grading, concrete work, and demolition. With operational bases in Casper, Riverton, and Rawlins, 71 Construction caters to a diverse clientele across the construction industry, demonstrating a sustained commitment to fulfilling varied construction requirements.
How much funding has 71 Construction raised?
71 Construction has raised a total of $2.5M across 2 funding rounds:
Debt
$1M
Debt
$1.5M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.5M led by PPP
Key Investors in 71 Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for 71 Construction?
The recent major strategic investment positions 71 Construction for continued expansion and enhanced service delivery. This influx of capital is likely to fuel the acquisition of new equipment, the undertaking of larger-scale infrastructure projects, and potentially the broadening of its geographical reach. As a mature entity in the construction market, this financing will enable the company to solidify its competitive advantage and pursue new opportunities within Wyoming and beyond.
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