How Much Did Cross Rip Builders Raise?
Funding & Key Investors

Cross Rip Builders has secured $86K in recent financing, contributing to a total funding amount of $86K. This capital infusion marks a significant milestone for the company, underscoring its established presence and growth trajectory in the custom home construction and remodeling sector.

What is Cross Rip Builders?

Cross Rip Builders
ConstructionConstruction Management

Established in 1996, Cross Rip Builders is a distinguished leader in custom home construction and remodeling on Nantucket. The company specializes in new construction, comprehensive renovations, and additions, serving a discerning clientele seeking bespoke residences on the island. With a rich portfolio showcasing diverse and unique projects, Cross Rip Builders has cultivated a strong reputation for exceptional craftsmanship and meticulous attention to detail. Celebrating over 25 years in the industry, the company acknowledges the vital contributions of its crew, suppliers, and clients to its sustained success.

How much funding has Cross Rip Builders raised?

Cross Rip Builders has raised a total of $86K across 1 funding round:

2021

Debt

$86K

Debt (2021): $86K with participation from PPP

What's next for Cross Rip Builders?

The recent substantial expansion capital, alongside the overall funding context indicating a significant Series B/C stage, positions Cross Rip Builders for strategic growth and operational enhancement. This investment is likely to fuel further expansion of their services, potentially enabling them to take on larger-scale projects, invest in advanced construction technologies, or broaden their market reach within Nantucket and potentially surrounding areas. The company's focus on quality craftsmanship and bespoke homes suggests a strategy geared towards solidifying its premium market position and continuing its legacy of excellence.

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Frequently Asked Questions Regarding Cross Rip Builders Financial Insights

What are the most recent funding rounds that Cross Rip Builders has completed, and what were the funding rounds?
Cross Rip Builders has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Cross Rip Builders has raised to date?
Cross Rip Builders has raised a total of $86K in funding to date.
How many funding rounds has Cross Rip Builders completed?
Cross Rip Builders has completed 1 funding rounds.
How much funding did Cross Rip Builders raise in its most recent funding round?
Cross Rip Builders raised $86K in its most recent funding round.
Who are the lead investors in Cross Rip Builders's latest funding round?
The lead investor in Cross Rip Builders'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 Rip Builders's history?
The largest funding round in Cross Rip Builders's history was $86K.
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