How Much Did Clear It Out Contracting Raise?
Funding & Key Investors

Clear It Out Contracting has successfully secured a significant capital injection, bringing its total cumulative financing to $482K. This latest infusion of $441K represents a major strategic investment, underscoring the firm's robust growth trajectory within the competitive New York construction landscape. By leveraging this debt-based financing, the company is well-positioned to scale its operational capacity and solidify its market presence as a premier general contractor.

What is Clear It Out Contracting?

Clear It Out Contracting
ConstructionConstruction Management

Based in the New York metropolitan area, Clear It Out Contracting operates as a comprehensive general contracting firm distinguished by its status as a Minority Business Enterprise and a Service Disabled Veteran Owned Business. The company provides an extensive suite of services, ranging from specialized carpentry, plumbing, and electrical work to large-scale demolition, earthwork, and office renovations. By maintaining a diverse service portfolio and a commitment to high-quality workmanship, the firm has established itself as a reliable partner for both commercial and residential infrastructure projects. Their operational model emphasizes on-time performance and cost-efficiency, which has been instrumental in their ability to secure large-scale late-stage funding to support their expanding project pipeline.

How much funding has Clear It Out Contracting raised?

Clear It Out Contracting has raised a total of $482K across 2 funding rounds:

2021

Debt

$41K

2024

Debt

$441K

Debt (2021): $41K with participation from PPP

Debt (2024): $441K led by Celtic Bank

Key Investors in Clear It Out Contracting

Celtic Bank

A prominent financial institution known for providing specialized lending solutions and debt capital to support the growth of small and medium-sized enterprises.

PPP

Public-Private Partnership

What's next for Clear It Out Contracting?

With the recent influx of capital, Clear It Out Contracting is poised to accelerate its strategic expansion, likely focusing on increasing its footprint in the regional construction market. The firm is expected to utilize these funds to enhance its supply chain capabilities, particularly in the procurement of building materials and personal protective equipment, while simultaneously scaling its workforce to meet the demands of larger, more complex renovation and infrastructure contracts. As the company transitions into this next phase of development, the focus will remain on maintaining the operational excellence that has defined its reputation, while leveraging its unique business certifications to capture a larger share of government and private sector projects in the New York region.

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Frequently Asked Questions Regarding Clear It Out Contracting Financial Insights

What are the most recent funding rounds that Clear It Out Contracting has completed, and what were the funding rounds?
Clear It Out Contracting has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Feb 1, 2021.
What is the total amount of funding Clear It Out Contracting has raised to date?
Clear It Out Contracting has raised a total of $482K in funding to date.
How many funding rounds has Clear It Out Contracting completed?
Clear It Out Contracting has completed 2 funding rounds.
How much funding did Clear It Out Contracting raise in its most recent funding round?
Clear It Out Contracting raised $441K in its most recent funding round.
Who are the lead investors in Clear It Out Contracting's latest funding round?
The lead investor in Clear It Out Contracting's latest funding round was Celtic Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Clear It Out Contracting's history?
The largest funding round in Clear It Out Contracting's history was $441K.
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