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

Cross General Contracting has solidified its market position through a series of strategic capital injections, culminating in a total valuation footprint of $434K. The firm recently secured a major strategic investment of $284K, marking a pivotal moment in its operational trajectory. This infusion of liquidity underscores the company's resilience and its capacity to scale within the competitive Northern Michigan construction landscape, effectively transitioning from a regional player to a more robust enterprise entity.

What is Cross General Contracting?

Cross General Contracting
ConstructionConstruction Management

Cross General Contracting operates as a cornerstone of the Northern Michigan construction sector, providing comprehensive services across residential, commercial, and remodeling verticals. With a legacy spanning over four decades, the firm distinguishes itself through a client-centric methodology that prioritizes budgetary adherence and precise scheduling. By maintaining a family-owned business structure, the company leverages deep local market knowledge to deliver high-quality craftsmanship. Their service portfolio is strategically designed to meet the evolving infrastructure needs of both private residential clients and commercial business stakeholders 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

Key Investors in Cross General Contracting

PPP

Public-Private Partnership

What's next for Cross General Contracting?

With the recent influx of capital, Cross General Contracting is well-positioned to optimize its operational efficiency and expand its project management capabilities. The firm is expected to leverage this financing to modernize its construction technology stack and potentially scale its workforce to meet the rising demand for commercial development in the region. By focusing on long-term sustainability and maintaining its reputation for excellence, the company is likely to pursue larger-scale infrastructure contracts, further cementing its status as a premier contractor in the Upper Peninsula. Future growth will likely hinge on the successful integration of these funds into core service delivery and the continued cultivation of its established client base.

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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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