How Much Did CL Benton & Sons Raise?
Funding & Key Investors

CL Benton & Sons has solidified its position as a cornerstone of the Myrtle Beach infrastructure landscape, securing a total capital infusion of $1.2M. This trajectory of financial backing, highlighted by a recent strategic investment of $871K, underscores the firm's enduring operational capacity and its critical role in regional development. By leveraging these debt-based financing instruments, the company continues to fortify its balance sheet while maintaining its commitment to large-scale construction projects that define the local commercial and recreational environment.

What is CL Benton & Sons?

CL Benton & Sons
ConstructionConstruction ManagementCivil Engineering Construction

Operating as a premier construction services provider, CL Benton & Sons has built a reputation for technical excellence in site work, underground utilities, and complex marine construction. The firm is instrumental in the development of Myrtle Beach's most iconic landmarks, ranging from high-traffic golf courses and resorts to essential healthcare facilities like Georgetown Memorial Hospital. Their service portfolio, which includes specialized pile driving and concrete paving, positions them as a vital partner for enterprise-level clients requiring reliable, high-durability infrastructure solutions. Through decades of consistent performance, the company has become synonymous with the physical growth and modernization of the South Carolina coastal region.

How much funding has CL Benton & Sons raised?

CL Benton & Sons has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$871K

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

Debt (2021): $871K led by PPP

Key Investors in CL Benton & Sons

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for CL Benton & Sons?

With the recent influx of capital, CL Benton & Sons is well-positioned to scale its operational footprint and enhance its technical capabilities in marine and utility construction. The strategic deployment of these funds will likely focus on upgrading heavy machinery fleets and expanding project management capacity to meet the rising demand for commercial infrastructure in the Myrtle Beach area. As the firm navigates the current economic climate, the focus remains on maintaining its competitive edge in complex site development while exploring new opportunities in regional healthcare and hospitality expansion. This financial stability provides the necessary runway to undertake larger, more capital-intensive projects that require significant upfront investment in materials and specialized labor.

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Frequently Asked Questions Regarding CL Benton & Sons Financial Insights

What are the most recent funding rounds that CL Benton & Sons has completed, and what were the funding rounds?
CL Benton & Sons has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 11, 2020.
What is the total amount of funding CL Benton & Sons has raised to date?
CL Benton & Sons has raised a total of $1.2M in funding to date.
How many funding rounds has CL Benton & Sons completed?
CL Benton & Sons has completed 2 funding rounds.
How much funding did CL Benton & Sons raise in its most recent funding round?
CL Benton & Sons raised $871K in its most recent funding round.
Who are the lead investors in CL Benton & Sons's latest funding round?
The lead investor in CL Benton & Sons'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 CL Benton & Sons's history?
The largest funding round in CL Benton & Sons's history was $871K.
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