How Much Did Cardinal Contracting Raise?
Funding & Key Investors

Cardinal Contracting has secured $2M in total capital, with a recent major strategic investment of $2M. This significant financing underscores the company's established position in the industrial services sector and its ongoing growth trajectory. The latest capital infusion, dated April 8, 2020, was characterized as a major strategic investment, signaling confidence from its backers in Cardinal Contracting's future endeavors and market potential.

What is Cardinal Contracting?

Cardinal Contracting
ConstructionConstruction Management

Cardinal Contracting, LLC is a seasoned player in the industrial contracting arena, boasting over 65 years of expertise in rigging, millwright services, and heavy machinery relocation. The company excels in complex industrial machinery moving, heavy rigging, and comprehensive equipment assembly and installation. Their service portfolio extends to precision leveling, metal fabrication, heavy hauling, and equipment rental, catering to a diverse clientele that ranges from single-machine moves to full-scale plant relocations. Cardinal Contracting's operational philosophy is anchored in a steadfast commitment to safety and customer satisfaction, ensuring projects are executed efficiently and within budgetary constraints.

How much funding has Cardinal Contracting raised?

Cardinal Contracting has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Cardinal Contracting

PPP

Public-Private Partnership

What's next for Cardinal Contracting?

The recent major strategic investment in Cardinal Contracting positions the company for enhanced operational capacity and potential market expansion. Given its long-standing history and comprehensive service offerings in industrial machinery moving and heavy rigging, this capital injection is likely to fuel advancements in equipment, technology adoption, and potentially the scaling of its workforce to meet increasing demand. The enterprise-level nature of the total funding suggests a focus on strengthening its infrastructure and solidifying its competitive advantage in large-scale industrial projects. Future strategic moves may involve expanding service territories or investing in specialized capabilities to further differentiate itself in the market.

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Frequently Asked Questions Regarding Cardinal Contracting Financial Insights

What are the most recent funding rounds that Cardinal Contracting has completed, and what were the funding rounds?
Cardinal Contracting has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Cardinal Contracting has raised to date?
Cardinal Contracting has raised a total of $2M in funding to date.
How many funding rounds has Cardinal Contracting completed?
Cardinal Contracting has completed 1 funding rounds.
How much funding did Cardinal Contracting raise in its most recent funding round?
Cardinal Contracting raised $2M in its most recent funding round.
Who are the lead investors in Cardinal Contracting's latest funding round?
The lead investor in Cardinal Contracting'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 Contracting's history?
The largest funding round in Cardinal Contracting's history was $2M.
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