How Much Did Carmichael Construction Raise?
Funding & Key Investors

Carmichael Construction, a full-service builder and general contractor based in Marengo, Illinois, has secured significant capital, with total funding reaching $497K. The company recently announced a major strategic investment of $347K, underscoring its established position in the Northern Illinois construction market since its inception in 1976. This latest financing round signals a period of continued growth and strategic development for the firm.

What is Carmichael Construction?

Carmichael Construction
ConstructionConstruction ManagementCivil Engineering Construction

Carmichael Construction, Inc. operates as a comprehensive builder and general contractor, serving Northern Illinois from its Marengo headquarters. The firm's extensive service portfolio includes carpentry, concrete work, remodeling, and municipal projects. Carmichael Construction demonstrates expertise across various sectors, encompassing industrial buildings, educational facilities, and community infrastructure. Their operational philosophy centers on delivering quality craftsmanship and ensuring client satisfaction, with a clear objective to materialize clients' construction visions.

How much funding has Carmichael Construction raised?

Carmichael Construction has raised a total of $497K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$347K

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

Debt (2021): $347K led by PPP

What's next for Carmichael Construction?

The substantial capital infusion, particularly the recent strategic investment, positions Carmichael Construction for significant expansion and operational enhancement. As a company with a long-standing history and a broad service offering, this financing is likely to fuel advancements in technology adoption, capacity building, and potentially the exploration of new market segments or larger-scale projects. The company's focus on municipal and industrial projects suggests a strategic direction towards infrastructure development and commercial expansion, leveraging this capital to solidify its market leadership and pursue new opportunities within the Northern Illinois region and beyond.

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Frequently Asked Questions Regarding Carmichael Construction Financial Insights

What are the most recent funding rounds that Carmichael Construction has completed, and what were the funding rounds?
Carmichael Construction has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Carmichael Construction has raised to date?
Carmichael Construction has raised a total of $497K in funding to date.
How many funding rounds has Carmichael Construction completed?
Carmichael Construction has completed 2 funding rounds.
How much funding did Carmichael Construction raise in its most recent funding round?
Carmichael Construction raised $347K in its most recent funding round.
Who are the lead investors in Carmichael Construction's latest funding round?
The lead investor in Carmichael 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 Carmichael Construction's history?
The largest funding round in Carmichael Construction's history was $347K.
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