Cross General Contracting Funding: How Much Did They Raise & Key Investors

How Much Did Cross General Contracting Raise?
Funding & Key Investors

Cross General Contracting has secured significant capital, with its total funding reaching $434K and its most recent financing round totaling $284K. This large-scale, late-stage funding event underscores the company's established presence and strategic growth trajectory in the construction sector.

The company's funding history, which includes multiple debt financing rounds, indicates a consistent approach to capital acquisition to fuel its operations and expansion. The chronological order of these financial milestones highlights a sustained period of investment and operational development.

What is Cross General Contracting?

Cross General Contracting

Construction

Construction Management

Cross General Contracting is a Northern Michigan-based construction firm with over four decades of experience, specializing in residential construction, commercial projects, and comprehensive home remodeling. The company prides itself on a client-centric approach, meticulously aligning its services with client visions, budgetary constraints, and scheduling requirements. As a family-owned enterprise, Cross General Contracting has cultivated a strong reputation for delivering expert craftsmanship and guidance, serving both residential families and commercial businesses throughout the Central Upper Peninsula.

How much funding has Cross General Contracting raised?

Cross General Contracting has raised a total of $434K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$284K

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

Debt (2021): $284K led by PPP

What's next for Cross General Contracting?

The substantial capital infusion, characterized as a major strategic investment, positions Cross General Contracting for accelerated growth and market expansion. This late-stage funding suggests a focus on scaling operations, potentially through larger commercial contracts, enhanced residential development capabilities, or strategic acquisitions. The company is likely to leverage this financial backing to reinforce its market leadership, invest in new technologies or equipment, and further solidify its commitment to quality and client satisfaction in the competitive construction landscape.

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Frequently Asked Questions Regarding Cross General Contracting Financial Insights

What are the most recent funding rounds that Cross General Contracting has completed, and what were the funding rounds?

Cross General Contracting has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 6, 2020.

What is the total amount of funding Cross General Contracting has raised to date?

Cross General Contracting has raised a total of $434K in funding to date.

How many funding rounds has Cross General Contracting completed?

Cross General Contracting has completed 2 funding rounds.

How much funding did Cross General Contracting raise in its most recent funding round?

Cross General Contracting raised $284K in its most recent funding round.

Who are the lead investors in Cross General Contracting's latest funding round?

The lead investor in Cross General 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 Cross General Contracting's history?

The largest funding round in Cross General Contracting's history was $284K.

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