How Much Did ALBA Contractors Raise?
Funding & Key Investors

ALBA Contractors has successfully secured a major strategic investment, bringing its total capital accumulation to $319K. This latest infusion of $169K underscores the firm's robust financial health and its capacity to leverage debt financing to sustain long-term operational growth. As a cornerstone of the Mentor, Ohio construction landscape, the company continues to demonstrate fiscal resilience, utilizing these capital injections to fortify its market position and expand its service delivery capabilities across the Greater Cleveland region.

What is ALBA Contractors?

ALBA Contractors
ConstructionConstruction ManagementCivil Engineering Construction

ALBA Contractors, Inc. operates as a specialized concrete contracting entity with a legacy spanning over three decades. By maintaining a strict policy of utilizing in-house teams rather than relying on subcontractors, the firm ensures rigorous quality control across its diverse portfolio, which encompasses residential driveways and patios alongside complex industrial concrete solutions. Their market position is defined by a commitment to durability and personalized client engagement, serving a broad spectrum of stakeholders including private homeowners, commercial enterprises, and municipal entities. This operational model has allowed the company to cultivate a reputation for reliability in a highly competitive infrastructure and construction services sector.

How much funding has ALBA Contractors raised?

ALBA Contractors has raised a total of $319K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$169K

Debt (2020): $150K with participation from PPP

Debt (2021): $169K led by PPP

Key Investors in ALBA Contractors

PPP

Public-Private Partnership

What's next for ALBA Contractors?

With the recent influx of capital, ALBA Contractors is well-positioned to scale its industrial service offerings and enhance its logistical infrastructure. The strategic deployment of these funds will likely focus on optimizing internal workflows and potentially expanding the firm's geographic footprint within the Ohio market. By prioritizing high-quality, in-house execution, the company is poised to capitalize on the increasing demand for durable concrete solutions in both the commercial and public sectors. Future growth will be contingent upon the firm's ability to maintain its high standards of service while navigating the evolving complexities of the regional construction industry.

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Frequently Asked Questions Regarding ALBA Contractors Financial Insights

What are the most recent funding rounds that ALBA Contractors has completed, and what were the funding rounds?
ALBA Contractors has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 14, 2020.
What is the total amount of funding ALBA Contractors has raised to date?
ALBA Contractors has raised a total of $319K in funding to date.
How many funding rounds has ALBA Contractors completed?
ALBA Contractors has completed 2 funding rounds.
How much funding did ALBA Contractors raise in its most recent funding round?
ALBA Contractors raised $169K in its most recent funding round.
Who are the lead investors in ALBA Contractors's latest funding round?
The lead investor in ALBA Contractors'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 ALBA Contractors's history?
The largest funding round in ALBA Contractors's history was $169K.
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