How Much Did Backbay Construction Raise?
Funding & Key Investors

Backbay Construction has secured $575K in total capital, with its most recent funding round bringing in $425K in a major strategic investment. This significant backing underscores the company's established presence and its ongoing growth trajectory within the sitework services sector.

What is Backbay Construction?

Backbay Construction
ConstructionConstruction ManagementCivil Engineering Construction

Backbay Construction is a specialized provider of professional sitework services, encompassing essential operations such as grading, excavation, and soil stabilization. The company is dedicated to ensuring quality, safety, and reliability across projects of all scales. Their comprehensive service portfolio includes sitework, underground utilities, paving and striping, and concrete work, positioning them as a dependable partner for infrastructure development and aiming for consistent high-quality outcomes.

How much funding has Backbay Construction raised?

Backbay Construction has raised a total of $575K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$425K

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

Debt (2021): $425K led by PPP

Key Investors in Backbay Construction

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Backbay Construction?

The recent major strategic investment signals a pivotal phase for Backbay Construction, likely enabling expansion of its operational capacity and technological adoption. This capital infusion is expected to fuel further market penetration and enhance its competitive edge in delivering complex sitework solutions. The company is poised to leverage this financial momentum to solidify its reputation as a leading sitework partner, driving innovation and efficiency in its service offerings.

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Frequently Asked Questions Regarding Backbay Construction Financial Insights

What are the most recent funding rounds that Backbay Construction has completed, and what were the funding rounds?
Backbay Construction has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Backbay Construction has raised to date?
Backbay Construction has raised a total of $575K in funding to date.
How many funding rounds has Backbay Construction completed?
Backbay Construction has completed 2 funding rounds.
How much funding did Backbay Construction raise in its most recent funding round?
Backbay Construction raised $425K in its most recent funding round.
Who are the lead investors in Backbay Construction's latest funding round?
The lead investor in Backbay 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 Backbay Construction's history?
The largest funding round in Backbay Construction's history was $425K.
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