How Much Did CRC Construction Raise?
Funding & Key Investors

CRC Construction has secured $2.4M in total capital, with its most recent financing round bringing in $1.8M through a major strategic investment. This latest funding round, dated September 30, 2024, signifies a significant development for the family-owned construction business, indicating a phase of substantial growth or strategic expansion. The company's history of securing debt financing suggests a focus on leveraging capital for operational scaling and project development.

What is CRC Construction?

CRC Construction
ConstructionConstruction Management

Established in 1974, CRC Construction Inc. is a family-owned and operated entity specializing in new construction, remodeling, and tenant improvements. The company serves a diverse range of sectors, including office buildings, retail stores, and medical facilities, and is recognized for its commitment to quality, integrity, and fairness. CRC Construction Inc. targets businesses within the financial, manufacturing, and institutional sectors, as well as recreational and religious organizations, aiming to construct lasting landmarks and foster strong community relationships. The company's operational focus and established reputation position it as a key player in its regional construction market.

How much funding has CRC Construction raised?

CRC Construction has raised a total of $2.4M across 3 funding rounds:

2020

Debt

$350K

2024

Debt

$1.8M

Debt

$160K

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

Debt (2024): $1.8M led by Banner Bank

Debt (2024): $160K, investors not publicly disclosed

Key Investors in CRC Construction

Banner Bank

Banner Bank is a financial institution that likely provided debt financing, supporting CRC Construction's operational needs and project funding.

PPP

Public-Private Partnership

What's next for CRC Construction?

The recent major strategic investment, coupled with substantial prior debt financing, indicates CRC Construction is poised for significant expansion or undertaking large-scale projects. This capital infusion is likely to fuel further development in its core specializations, potentially enabling the company to broaden its service offerings, enter new geographic markets, or enhance its operational capacity. The company's trajectory suggests a strategic move towards solidifying its market position and pursuing ambitious growth objectives within the construction industry.

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Frequently Asked Questions Regarding CRC Construction Financial Insights

What are the most recent funding rounds that CRC Construction has completed, and what were the funding rounds?
CRC Construction has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Sep 30, 2024, Debt on Apr 13, 2020.
What is the total amount of funding CRC Construction has raised to date?
CRC Construction has raised a total of $2.4M in funding to date.
How many funding rounds has CRC Construction completed?
CRC Construction has completed 3 funding rounds.
How much funding did CRC Construction raise in its most recent funding round?
CRC Construction raised $1.8M in its most recent funding round.
Who are the lead investors in CRC Construction's latest funding round?
The lead investor in CRC Construction's latest funding round was Banner Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CRC Construction's history?
The largest funding round in CRC Construction's history was $1.8M.
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