What is Alaric?
Alaric Corporation is a distinguished Class A contractor based in Norfolk, Virginia, with operational reach extending across Virginia and North Carolina. The company specializes in comprehensive wall and ceiling systems, encompassing metal stud framing, drywall installation, and acoustical ceiling assemblies. Operating through three sister companies, Alaric is dedicated to delivering superior construction services for both ground-up developments and interior renovations. Their business philosophy is anchored in reliability, honesty, and an unwavering commitment to quality craftsmanship, fostering strong professional relationships throughout project lifecycles.
How much funding has Alaric raised?
Alaric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Alaric?
The recent major strategic investment signals a pivotal phase for Alaric, likely enabling accelerated growth, market penetration, or the adoption of advanced construction technologies. As a company with a solid foundation in specialized contracting, this capital infusion is expected to bolster its capacity to undertake larger-scale projects and potentially expand its service offerings or geographic footprint. The focus on strategic investment suggests a forward-looking approach, aiming to enhance competitive advantages and solidify its market leadership in the wall and ceiling systems domain.
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