What is Compass Development Services?
Compass Development Services operates as a comprehensive project management and development service provider, catering to clients in the hospitality and commercial real estate industries. Founded in 2009 by Jim Zaun, a former executive at Starwood Hotels and Resorts Worldwide, Inc., the company offers end-to-end expertise from project conception through completion. Their service portfolio encompasses due diligence, feasibility studies, project team assembly, programming, budgeting, scheduling, design management, construction bidding, contract oversight, and pre-opening services. Compass Development Services leverages a seasoned team with diverse backgrounds in architecture, engineering, finance, and operations, alongside an extensive network of industry professionals across North America and the Caribbean, to maximize asset value for their clients.
How much funding has Compass Development Services raised?
Compass Development Services has raised a total of $76K across 1 funding round:
Debt
$76K
Debt (2021): $76K with participation from PPP
What's next for Compass Development Services?
The recent capital infusion of $76K is poised to fuel Compass Development Services' strategic expansion initiatives. This investment will likely enable the company to broaden its service offerings, enhance its technological capabilities, and potentially expand its geographic reach. As a company operating at a significant Series B/C stage, this financing is crucial for scaling operations, solidifying market position, and pursuing new development opportunities in the dynamic hospitality and commercial real estate landscapes. The focus on expansion capital suggests a strategic push to capture greater market share and deliver enhanced value to its clientele.
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