What is Cole Construction?
Cole Construction LLC has demonstrated substantial revenue growth, scaling from $500,000 annually to $10,000,000 annually. Headquartered in Northern Virginia, the company has strategically expanded its footprint into Colorado. Cole Construction has a proven track record in high-end medical facility construction, including projects at Ft. Belvoir Wounded Warrior Hospital, INOVA South Patient Expansion, and Medimmune Medical Laboratory Facilities. The company is currently engaged in constructing the new VA hospital in Aurora, Colorado, and has successfully partnered through the DIAMOND PLAN, notably completing a $21 million drywall and rough carpentry package for the Ft. Belvoir Wounded Warrior Hospital as the first small business to achieve this milestone within the plan.
How much funding has Cole Construction raised?
Cole Construction has raised a total of $495K across 2 funding rounds:
Debt
$150K
Debt
$345K
Debt (2020): $150K with participation from PPP
Debt (2021): $345K led by PPP
What's next for Cole Construction?
The recent large-scale, late-stage funding and major strategic investment signal a pivotal phase for Cole Construction. This capital infusion is expected to fuel further expansion, potentially into new geographic markets or service lines, and enhance its capacity to undertake complex, large-scale construction projects. The company's focus on specialized sectors like healthcare infrastructure, coupled with its demonstrated ability to navigate intricate partnership programs like the DIAMOND PLAN, positions it for continued success and market leadership in the construction industry.
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