How Much Did CT Traina Raise?
Funding & Key Investors

CT Traina, a long-standing contractor based in Metairie, LA, has secured significant financial backing, with a total funding amount of $336K. The company recently received a major strategic investment of $186K on January 30, 2021, indicating a period of substantial growth and operational scaling. This latest capital infusion, categorized as debt financing, likely supports the expansion of its comprehensive contracting services.

What is CT Traina?

CT Traina
ConstructionConstruction ManagementConsumer Services

CT Traina is a family-owned and operated contractor with over six decades of experience, serving both residential and commercial clients in Metairie, Louisiana. The company specializes in a broad range of essential services, including plumbing, air conditioning, welding, and sewer and drain cleaning. Renowned for its commitment to quality workmanship and rapid response times, CT Traina has built a reputation for exceptional customer satisfaction, treating each project with personal care. The business offers free estimates and various specials, underscoring its dedication to affordability and client value.

How much funding has CT Traina raised?

CT Traina has raised a total of $336K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$186K

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

Debt (2021): $186K led by PPP

Key Investors in CT Traina

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for CT Traina?

The recent large-scale late-stage funding and major strategic investment suggest CT Traina is poised for significant expansion or strategic initiatives. As a mature entity with extensive experience, this capital likely facilitates the enhancement of its service infrastructure, potential geographic market penetration, or the adoption of advanced technologies to maintain its competitive edge in the contracting sector. The focus on debt financing may indicate a strategy to leverage existing assets or secure operational capital for sustained growth without diluting ownership.

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Frequently Asked Questions Regarding CT Traina Financial Insights

What are the most recent funding rounds that CT Traina has completed, and what were the funding rounds?
CT Traina has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 7, 2020.
What is the total amount of funding CT Traina has raised to date?
CT Traina has raised a total of $336K in funding to date.
How many funding rounds has CT Traina completed?
CT Traina has completed 2 funding rounds.
How much funding did CT Traina raise in its most recent funding round?
CT Traina raised $186K in its most recent funding round.
Who are the lead investors in CT Traina's latest funding round?
The lead investor in CT Traina'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 CT Traina's history?
The largest funding round in CT Traina's history was $186K.
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