What is Draper Development?
Draper Development, established in 2003, has grown to operate 23 stores, serving the Capital District and surrounding areas. The company was recognized as the Regional Franchisee of the Year in 2009, a testament to the dedication of its employees and its commitment to excellence in customer service. This award highlights Draper Development's successful franchise model and its deep roots in the local economy.
How much funding has Draper Development raised?
Draper Development has raised a total of $936K across 2 funding rounds:
Debt
$350K
Debt
$586K
Debt (2020): $350K with participation from PPP
Debt (2021): $586K led by PPP
Key Investors in Draper Development
PPP
Public-Private Partnership
What's next for Draper Development?
The recent major strategic investment, alongside substantial prior debt financing, positions Draper Development for continued expansion and operational enhancement. This enterprise-level capital infusion suggests a focus on scaling its proven franchise model, potentially exploring new markets or optimizing existing store performance. The company's history of consistent growth and recognition indicates a strong foundation for future strategic initiatives.
See full Draper Development company page
