How Much Did Addison Construction Raise?
Funding & Key Investors

Addison Construction has successfully secured a major strategic investment, marking a pivotal moment in its operational trajectory. This latest capital injection, totaling $350K, reinforces the firm's standing as a premier general contracting entity within the United States Virgin Islands. With a cumulative financial backing of $350K, the organization is well-positioned to leverage its minority-owned status and technical expertise to capture larger infrastructure projects across the Caribbean basin.

What is Addison Construction?

Addison Construction
ConstructionConstruction ManagementArchitecture, Engineering & Design

Headquartered on St. Croix, Addison Construction & Maintenance, Inc. operates as a comprehensive, 100% minority-owned construction and general contracting firm. The company distinguishes itself through a multidisciplinary approach, integrating architecture, landscape design, project management, and administration into a unified service delivery model. By maintaining a team of highly accredited professionals, the firm provides a premium construction experience that addresses the unique logistical and environmental challenges of the Virgin Islands market. Their market position is defined by a commitment to excellence and a robust portfolio that spans the entire lifecycle of the design and maintenance process.

How much funding has Addison Construction raised?

Addison Construction has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Addison Construction

PPP

Public-Private Partnership

What's next for Addison Construction?

Following this significant infusion of capital, Addison Construction is expected to scale its project management capabilities and expand its footprint in regional infrastructure development. The strategic allocation of these funds will likely focus on enhancing operational efficiencies and investing in advanced construction technologies to maintain a competitive edge. As the firm transitions into this next phase of growth, the focus remains on scaling its service offerings while upholding the high standards of professionalism that have become synonymous with the Addison brand. Future initiatives will likely prioritize sustainable building practices and the expansion of their administrative capacity to handle larger-scale government and private sector contracts.

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Frequently Asked Questions Regarding Addison Construction Financial Insights

What are the most recent funding rounds that Addison Construction has completed, and what were the funding rounds?
Addison Construction has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Addison Construction has raised to date?
Addison Construction has raised a total of $350K in funding to date.
How many funding rounds has Addison Construction completed?
Addison Construction has completed 1 funding rounds.
How much funding did Addison Construction raise in its most recent funding round?
Addison Construction raised $350K in its most recent funding round.
Who are the lead investors in Addison Construction's latest funding round?
The lead investor in Addison Construction's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Addison Construction's history?
The largest funding round in Addison Construction's history was $350K.
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