What is Cherokee Contracting?
Founded in 2003 by Miles Montgomery, Cherokee Contracting emerged from a vision to improve practices within the underground utility business. The company has since built a strong reputation, evidenced by its dedicated workforce, with a notable 75% of its team having been with Cherokee since its inception. In 2008, the company received a significant boost with the addition of Greg Jones, Bob Langer, and Jeff McElroy, who brought capital, executive experience, and leadership. Miles Montgomery now leads Operations, overseeing projects and client relationships. Greg Jones, an experienced technology infrastructure executive, serves as Vice President and General Manager, focusing on business development and resource expansion. Jeff McElroy, a finance veteran, is the Chief Financial Officer. Bob Langer provides advisory support, leveraging his extensive success in technology and services markets. Cherokee Contracting specializes in providing utility services, with contact information available for consultations.
How much funding has Cherokee Contracting raised?
Cherokee Contracting has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Cherokee Contracting
PPP
Public-Private Partnership
What's next for Cherokee Contracting?
The recent strategic investment in Cherokee Contracting, following a large-scale late-stage funding context, indicates a pivotal moment for the company. This capital injection is likely to fuel further operational enhancements, market penetration, or technological advancements. The company's established leadership team and long-standing employee loyalty provide a solid foundation for leveraging this new financing to achieve accelerated growth and solidify its market position. Future developments may include expanding service offerings or entering new geographical territories, driven by the strategic objectives associated with this latest round of backing.
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