How Much Did Cross Construction Services Raise?
Funding & Key Investors

Cross Construction Services has solidified its market position through a series of strategic capital injections, culminating in a total funding accumulation of $1.1M. The firm recently secured a major strategic investment of $761K, marking a significant milestone in its long-term growth trajectory. This infusion of capital underscores the company's resilience and its critical role in the Southeastern United States environmental services sector, providing the necessary liquidity to scale operations and enhance service delivery capabilities.

What is Cross Construction Services?

Cross Construction Services
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConstruction

Established in 1978, Cross Construction Services operates as a premier contractor specializing in asbestos abatement, structural demolition, and indoor air quality management. Based in Florida, the organization has cultivated a robust reputation for safety and technical precision, serving a diverse portfolio of industrial clients. By leveraging a highly skilled workforce and specialized heavy equipment, the company addresses complex environmental challenges, ensuring regulatory compliance and structural integrity across its project sites. Its longevity in the market serves as a testament to its operational excellence and adaptability in the face of evolving environmental standards.

How much funding has Cross Construction Services raised?

Cross Construction Services has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$761K

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

Debt (2021): $761K led by PPP

Key Investors in Cross Construction Services

PPP

Public-Private Partnership

What's next for Cross Construction Services?

With the recent influx of capital, Cross Construction Services is well-positioned to accelerate its expansion efforts and modernize its fleet of specialized demolition equipment. The company is expected to focus on scaling its environmental remediation services to meet the rising demand for sustainable infrastructure development. By prioritizing operational efficiency and safety, the firm aims to capture a larger share of the Southeastern market, potentially exploring new regional territories. This strategic deployment of resources will likely enhance the company's competitive advantage, allowing it to undertake larger, more complex enterprise-level projects while maintaining its commitment to high-quality environmental stewardship.

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Frequently Asked Questions Regarding Cross Construction Services Financial Insights

What are the most recent funding rounds that Cross Construction Services has completed, and what were the funding rounds?
Cross Construction Services has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Cross Construction Services has raised to date?
Cross Construction Services has raised a total of $1.1M in funding to date.
How many funding rounds has Cross Construction Services completed?
Cross Construction Services has completed 2 funding rounds.
How much funding did Cross Construction Services raise in its most recent funding round?
Cross Construction Services raised $761K in its most recent funding round.
Who are the lead investors in Cross Construction Services's latest funding round?
The lead investor in Cross Construction 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 Cross Construction Services's history?
The largest funding round in Cross Construction Services's history was $761K.
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