What is Berg Construction?
Berg Construction operates within the dynamic Commercial & Residential Construction industry, employing between 50 to 99 individuals and generating revenues in the range of $10 million to $25 million. The company's operational base in Morgantown, Pennsylvania, positions it strategically within its regional market. Its focus on both commercial and residential projects indicates a diversified business model, capable of addressing a broad spectrum of construction needs.
How much funding has Berg Construction raised?
Berg Construction has raised a total of $1.3M across 2 funding rounds:
Debt
$350K
Debt
$906K
Debt (2020): $350K with participation from PPP
Debt (2021): $906K led by PPP
Key Investors in Berg Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Berg Construction?
The recent major strategic investment into Berg Construction suggests a phase of accelerated growth and potential expansion. This capital infusion is likely earmarked for enhancing operational capabilities, exploring new market segments, or undertaking larger-scale projects. As a company with a solid revenue base and established workforce, this financing will empower Berg Construction to solidify its market position and pursue ambitious development objectives within the construction industry.
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