How Much Did Cronic Disaster Services Raise?
Funding & Key Investors

Cronic Disaster Services has secured $504K in total capital, with its most recent financing round bringing in $354K in a major strategic investment. This enterprise-level funding underscores the company's established presence and growth trajectory in the disaster restoration and construction sector.

What is Cronic Disaster Services?

Cronic Disaster Services
ConstructionConstruction Management

Cronic Disaster Restoration & Construction is a family-owned enterprise with over 17 years of experience serving Northern California. The company specializes in comprehensive disaster reconstruction, construction, remodeling, and interior design. Their core services include expert restoration for fire, smoke, and water damage, providing immediate and professional support to both residential and business clients. Cronic Disaster Services emphasizes community involvement and is recognized for its empathetic and adaptable approach to client needs, aiming to rebuild and enhance homes according to individual style preferences.

How much funding has Cronic Disaster Services raised?

Cronic Disaster Services has raised a total of $504K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$354K

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

Debt (2021): $354K led by PPP

Key Investors in Cronic Disaster Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Cronic Disaster Services?

The recent major strategic investment signals a pivotal phase for Cronic Disaster Services, likely enabling expansion of operational capacity, technological integration for enhanced service delivery, or broader market penetration. This capital infusion is expected to fortify their position as a leading provider of disaster recovery and construction solutions in Northern California, allowing for further development of their specialized restoration services and continued commitment to client-centric rebuilding efforts.

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Frequently Asked Questions Regarding Cronic Disaster Services Financial Insights

What are the most recent funding rounds that Cronic Disaster Services has completed, and what were the funding rounds?
Cronic Disaster Services has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Cronic Disaster Services has raised to date?
Cronic Disaster Services has raised a total of $504K in funding to date.
How many funding rounds has Cronic Disaster Services completed?
Cronic Disaster Services has completed 2 funding rounds.
How much funding did Cronic Disaster Services raise in its most recent funding round?
Cronic Disaster Services raised $354K in its most recent funding round.
Who are the lead investors in Cronic Disaster Services's latest funding round?
The lead investor in Cronic Disaster Services'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 Cronic Disaster Services's history?
The largest funding round in Cronic Disaster Services's history was $354K.
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