What is Concentric Group?
Concentric Group LLC, established in 2006, is a certified Service Disabled Veteran Owned business that provides end-to-end facility solutions, encompassing design, building, operations, and maintenance (DBOM) services. The company primarily serves hospital and healthcare facilities across federal, municipal, state, and private sectors. Its service spectrum includes new construction, renovation, and historic preservation, leveraging deep expertise in healthcare facility design and construction. Concentric Group's integrated DBOM model offers single-source responsibility for complex facility needs, supported by a strong financial infrastructure, including substantial bonding capacity up to $50 million per project. The company's extensive track record includes projects for prominent organizations such as the U.S. Military Academy at West Point and NYC Health and Hospitals Corporation, demonstrating its capability in executing sophisticated, multi-disciplinary projects within demanding regulatory environments.
How much funding has Concentric Group raised?
Concentric Group has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Concentric Group?
With its recent major strategic investment and a history of securing substantial financing, Concentric Group is well-positioned for continued expansion and enhancement of its service offerings. The company's focus on the critical healthcare sector, combined with its proven execution capabilities and veteran-owned status, suggests a strategic trajectory aimed at capturing larger contracts and potentially expanding its geographic reach. The substantial capital infusion will likely support operational scaling, technological advancements in facility management, and the pursuit of complex, long-term infrastructure projects, further solidifying its role as a trusted partner in healthcare facility development and maintenance.
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