How Much Did CRAL Contracting Raise?
Funding & Key Investors

CRAL Contracting, a specialist in hazardous material remediation, has secured substantial capital, with its total funding reaching $418K. The company recently announced a significant strategic investment, adding $268K to its financial reserves. This latest capital infusion underscores the company's established position in the market and its trajectory within the late-stage funding landscape.

What is CRAL Contracting?

CRAL Contracting
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CRAL Contracting, operating as Cral Inc., is a New York-based firm dedicated to providing comprehensive asbestos abatement, lead remediation, mold remediation, and cleaning services. Serving residential, commercial, and industrial clients across New York State, the company emphasizes its full certification and strict adherence to all state regulations for hazardous material removal. With over two decades of operational experience, CRAL Contracting self-performs all its projects, ensuring robust project management, high safety standards, and quality assurance. Their commitment extends to protecting occupants and meeting stringent environmental and safety requirements through efficient and responsible service delivery.

How much funding has CRAL Contracting raised?

CRAL Contracting has raised a total of $418K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$268K

Debt (2020): $150K with participation from PPP

Debt (2021): $268K led by PPP

What's next for CRAL Contracting?

The substantial capital raised, indicated by the large-scale late-stage funding context, positions CRAL Contracting for significant expansion and operational enhancement. This strategic investment is likely to fuel advancements in service capabilities, geographic reach, and technological adoption within the hazardous material remediation sector. The company's focus on self-performance and regulatory compliance suggests a strategy geared towards solidifying its market leadership and potentially exploring new service verticals or strategic acquisitions to further its growth trajectory.

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Frequently Asked Questions Regarding CRAL Contracting Financial Insights

What are the most recent funding rounds that CRAL Contracting has completed, and what were the funding rounds?
CRAL Contracting has recently completed 2 funding rounds: Debt on Feb 23, 2021, Debt on Apr 28, 2020.
What is the total amount of funding CRAL Contracting has raised to date?
CRAL Contracting has raised a total of $418K in funding to date.
How many funding rounds has CRAL Contracting completed?
CRAL Contracting has completed 2 funding rounds.
How much funding did CRAL Contracting raise in its most recent funding round?
CRAL Contracting raised $268K in its most recent funding round.
Who are the lead investors in CRAL Contracting's latest funding round?
The lead investor in CRAL Contracting'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 CRAL Contracting's history?
The largest funding round in CRAL Contracting's history was $268K.
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