What is Allingham?
Allingham Corporation, founded in 1940, is a long-standing entity specializing in comprehensive crane rental, handling equipment, and air compressor solutions. Serving a diverse clientele that includes businesses, homeowners, construction firms, and municipalities across Detroit and its surrounding regions, the company emphasizes safety and extensive expertise. Their operational capabilities are supported by a robust fleet featuring mobile cranes, boom trucks, and telehandlers, with a 24/7 availability for emergency services, positioning them as a reliable partner in project execution.
How much funding has Allingham raised?
Allingham has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Allingham
PPP
Public-Private Partnership
What's next for Allingham?
The substantial enterprise-level funding and recent strategic investment indicate a strong growth trajectory for Allingham Corporation. This capital infusion is likely to facilitate fleet expansion, technological upgrades, and potentially geographic market penetration. The company's focus on essential industrial services suggests that this financing will bolster its capacity to undertake larger projects and enhance its competitive edge in the equipment rental sector, reinforcing its commitment to delivering professional, tailored solutions.
See full Allingham company page
