How Much Did Classic Design Raise?
Funding & Key Investors

Classic Design, a custom home builder and architect firm based in Southern Maryland, has secured significant capital, with its total funding reaching $337K. The company recently announced a major strategic investment, bringing in $187K in new financing. This latest capital infusion underscores the company's established presence and its ongoing growth trajectory in the competitive custom home construction market.

What is Classic Design?

Classic Design
ConstructionConstruction ManagementArchitecture, Engineering & Design

Classic Design operates as both an architect and a custom home builder, serving clients across Calvert, Charles, St. Mary's, Prince George's, and Anne Arundel Counties in Southern Maryland. With a legacy spanning over three decades since 1990, the firm, led by Architect/Owner David J. Kacar and Builder/Owner R. Michael Holland, has a proven track record of constructing more than 300 unique residences. The company prides itself on a collaborative approach, prioritizing client needs and aspirations from the initial design phase through to the final construction, ensuring each home is a bespoke creation reflecting the owner's vision.

How much funding has Classic Design raised?

Classic Design has raised a total of $337K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$187K

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

Debt (2021): $187K led by PPP

What's next for Classic Design?

The substantial capital raised, particularly the recent strategic investment, positions Classic Design for continued expansion and operational enhancement. This late-stage funding suggests a focus on scaling operations, potentially investing in new technologies, expanding its service area, or acquiring additional resources to meet growing demand. The company's deep experience and established reputation in custom home building provide a strong foundation for leveraging this new backing to further solidify its market leadership and deliver high-quality architectural and construction services.

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Frequently Asked Questions Regarding Classic Design Financial Insights

What are the most recent funding rounds that Classic Design has completed, and what were the funding rounds?
Classic Design has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Classic Design has raised to date?
Classic Design has raised a total of $337K in funding to date.
How many funding rounds has Classic Design completed?
Classic Design has completed 2 funding rounds.
How much funding did Classic Design raise in its most recent funding round?
Classic Design raised $187K in its most recent funding round.
Who are the lead investors in Classic Design's latest funding round?
The lead investor in Classic Design'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 Classic Design's history?
The largest funding round in Classic Design's history was $187K.
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