How Much Did CMC Raise?
Funding & Key Investors

CMC has secured $815K in total capital, with its most recent financing round yielding $465K in a major strategic investment on February 7, 2021. This significant backing underscores the company's established presence and ongoing growth trajectory in the commercial mechanical construction sector.

What is CMC?

CMC
ConstructionConstruction Management

CMC, formally known as Commercial Mechanical Construction, Inc., is a well-established corporation headquartered in Gap, PA, specializing in comprehensive commercial mechanical construction services. Founded in 1982 by Linford Horst and Steve Beiler, the company has built a robust reputation for its expertise in installing plumbing, piping, and HVAC systems. CMC serves a diverse clientele across commercial, industrial, and institutional sectors, operating with full insurance and bonding to undertake complex projects. The company's longevity and consistent performance highlight its deep understanding of the mechanical construction market.

How much funding has CMC raised?

CMC has raised a total of $815K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$465K

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

Debt (2021): $465K led by PPP

Key Investors in CMC

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for CMC?

The recent major strategic investment, alongside substantial prior debt financing, positions CMC for continued expansion and operational enhancement. This enterprise-level funding suggests a focus on scaling its capabilities, potentially through acquiring new technologies, expanding its service area, or increasing its workforce to meet growing demand. The company's history of securing significant capital indicates a strong confidence from financial partners in its business model and future prospects within the competitive construction industry.

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Frequently Asked Questions Regarding CMC Financial Insights

What are the most recent funding rounds that CMC has completed, and what were the funding rounds?
CMC has recently completed 2 funding rounds: Debt on Feb 7, 2021, Debt on Apr 9, 2020.
What is the total amount of funding CMC has raised to date?
CMC has raised a total of $815K in funding to date.
How many funding rounds has CMC completed?
CMC has completed 2 funding rounds.
How much funding did CMC raise in its most recent funding round?
CMC raised $465K in its most recent funding round.
Who are the lead investors in CMC's latest funding round?
The lead investor in CMC'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 CMC's history?
The largest funding round in CMC's history was $465K.
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