How Much Did Duer Construction Raise?
Funding & Key Investors

Duer Construction, a cornerstone of the northeastern Ohio masonry sector, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative financial milestone of $359K, underscored by a recent major strategic investment of $209K. This infusion of liquidity reflects the company's enduring stability and its ability to navigate complex debt markets while maintaining a dominant position in the Tri-County construction landscape.

What is Duer Construction?

Duer Construction
ConstructionConstruction Management

Based in Akron, Ohio, Duer Construction operates as a specialized masonry contractor with a legacy spanning over five decades. The organization has carved out a distinct market position by prioritizing economical masonry solutions and high-velocity project delivery. By consistently meeting rigorous time constraints and overcoming challenging site conditions, the company has established itself as a preferred partner for large-scale infrastructure and commercial developments. Their business model centers on long-term client retention, driven by a reputation for technical precision and cost-effective project management in the competitive Ohio construction market.

How much funding has Duer Construction raised?

Duer Construction has raised a total of $359K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$209K

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

Debt (2021): $209K led by PPP

Key Investors in Duer Construction

PPP

Public-Private Partnership

What's next for Duer Construction?

With this latest injection of capital, Duer Construction is positioned to scale its service offerings and further optimize its project delivery workflows. The strategic allocation of these funds will likely focus on enhancing operational efficiencies and expanding the firm's footprint within the regional construction sector. As the company transitions into this next phase of growth, the focus remains on leveraging its fifty-year track record to secure larger, more complex contracts. By maintaining its commitment to quality and service, Duer Construction is well-equipped to capitalize on the increasing demand for reliable masonry expertise in the northeastern Ohio corridor, ensuring sustained relevance in an evolving industrial landscape.

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Frequently Asked Questions Regarding Duer Construction Financial Insights

What are the most recent funding rounds that Duer Construction has completed, and what were the funding rounds?
Duer Construction has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Duer Construction has raised to date?
Duer Construction has raised a total of $359K in funding to date.
How many funding rounds has Duer Construction completed?
Duer Construction has completed 2 funding rounds.
How much funding did Duer Construction raise in its most recent funding round?
Duer Construction raised $209K in its most recent funding round.
Who are the lead investors in Duer Construction's latest funding round?
The lead investor in Duer Construction'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 Duer Construction's history?
The largest funding round in Duer Construction's history was $209K.
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