How Much Did Cardinal Concrete Raise?
Funding & Key Investors

Cardinal Concrete has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $742K. The most recent injection of $392K underscores the firm's ongoing commitment to scaling its heavy-duty infrastructure and site work capabilities. By leveraging these financial instruments, the company continues to expand its operational footprint within the competitive construction sector.

What is Cardinal Concrete?

Cardinal Concrete
ConstructionConstruction ManagementCivil Engineering Construction

Established in 2008, Cardinal Concrete Corporation operates as a specialized provider of foundational and structural concrete services. The firm maintains a robust portfolio encompassing site work, heavy-duty paving, and complex foundation projects. By fostering collaborative relationships with engineers, architects, and general contractors, the company has established a reputation for technical precision and project reliability. Their business model integrates high-quality craftsmanship with a commitment to workforce development, positioning them as a critical partner in large-scale industrial and commercial developments.

How much funding has Cardinal Concrete raised?

Cardinal Concrete has raised a total of $742K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$392K

Debt (2020): $350K with participation from PPP

Debt (2021): $392K led by PPP

Key Investors in Cardinal Concrete

PPP

Public-Private Partnership

What's next for Cardinal Concrete?

With the recent strategic investment, Cardinal Concrete is well-positioned to accelerate its enterprise-level growth trajectory. The company is expected to prioritize the modernization of its equipment fleet and the expansion of its service delivery capacity to meet the rising demand for durable infrastructure. Future strategic initiatives will likely focus on enhancing operational efficiencies and scaling their workforce training programs to maintain high standards of service delivery. As the firm navigates the current economic landscape, this capital backing provides the necessary liquidity to pursue larger, more complex projects while maintaining their core commitment to ethical business practices and long-term sustainability in the construction industry.

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Frequently Asked Questions Regarding Cardinal Concrete Financial Insights

What are the most recent funding rounds that Cardinal Concrete has completed, and what were the funding rounds?
Cardinal Concrete has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Cardinal Concrete has raised to date?
Cardinal Concrete has raised a total of $742K in funding to date.
How many funding rounds has Cardinal Concrete completed?
Cardinal Concrete has completed 2 funding rounds.
How much funding did Cardinal Concrete raise in its most recent funding round?
Cardinal Concrete raised $392K in its most recent funding round.
Who are the lead investors in Cardinal Concrete's latest funding round?
The lead investor in Cardinal Concrete'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 Cardinal Concrete's history?
The largest funding round in Cardinal Concrete's history was $392K.
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