What is 71 Construction?
Founded in 1979 through the merger of two local entities, 71 Construction is a comprehensive construction, excavation, and paving contractor headquartered in Wyoming. The company offers a broad spectrum of services, including water and sewer installation, asphalt paving, grading, concrete work, and demolition. With operational hubs 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
What's next for 71 Construction?
The recent major strategic investment signals a pivotal moment for 71 Construction, likely enabling further expansion of its service offerings and geographic reach. This capital infusion is expected to bolster its capacity for undertaking larger-scale projects and potentially exploring new technological integrations within its excavation and paving operations. The company's long history and diversified service portfolio position it for continued success and market leadership.
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