How Much Did Credence Construction Raise?
Funding & Key Investors

Credence Construction has successfully secured a significant capital injection, bringing its total funding to $82K. This latest round, which accounts for $82K, marks a pivotal moment for the St. Petersburg-based firm as it transitions into a more aggressive growth phase. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations within the competitive residential construction and renovation market.

What is Credence Construction?

Credence Construction
ConstructionConstruction Management

Credence Construction operates as a comprehensive general contractor, specializing in the end-to-end delivery of new home builds, custom design-build projects, and complex residential remodeling. Based in Florida, the firm has carved out a distinct market position by offering high-quality, affordable solutions for kitchen, bathroom, and garage additions, as well as sophisticated home office and second-story expansions. Their business model emphasizes professional craftsmanship and client-centric service, ensuring that every project—from minor renovations to large-scale custom homes—meets rigorous safety and quality standards. As a fully licensed and insured entity, Credence Construction serves as a reliable partner for homeowners seeking to enhance property value through structural improvements.

How much funding has Credence Construction raised?

Credence Construction has raised a total of $82K across 1 funding round:

2021

Debt

$82K

Debt (2021): $82K with participation from PPP

Key Investors in Credence Construction

PPP

Public-Private Partnership

What's next for Credence Construction?

With the infusion of this recent financing, Credence Construction is expected to prioritize operational scaling and market penetration. The strategic deployment of these funds will likely focus on enhancing project management capabilities, expanding the skilled labor force, and potentially investing in proprietary design-build technologies to streamline the construction lifecycle. As the firm moves deeper into its current lifecycle stage, the focus will shift toward maintaining high-margin project delivery while capturing a larger share of the regional residential development market. Future growth will be contingent upon the company's ability to maintain its reputation for quality while managing the complexities of larger-scale, multi-phase construction projects in a fluctuating economic environment.

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Frequently Asked Questions Regarding Credence Construction Financial Insights

What are the most recent funding rounds that Credence Construction has completed, and what were the funding rounds?
Credence Construction has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Credence Construction has raised to date?
Credence Construction has raised a total of $82K in funding to date.
How many funding rounds has Credence Construction completed?
Credence Construction has completed 1 funding rounds.
How much funding did Credence Construction raise in its most recent funding round?
Credence Construction raised $82K in its most recent funding round.
Who are the lead investors in Credence Construction's latest funding round?
The lead investor in Credence Construction'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 Credence Construction's history?
The largest funding round in Credence Construction's history was $82K.
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