How Much Did Evans Development Raise?
Funding & Key Investors

Evans Development has secured $800K in total capital, with its most recent financing round bringing in $450K through a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the construction sector.

What is Evans Development?

Evans Development
ConstructionConstruction Management

Established in 1985 and headquartered in Indianapolis, Indiana, Evans Development, also known as EDCO General Contractors, is a seasoned general contracting firm. The company specializes in a comprehensive suite of construction services, including backhoe excavation, directional boring, trenching, and hydro excavation. With a workforce of over 40 professionals, EDCO has built a reputation for its collaborative approach, adept management of subcontractors and suppliers, and a strong commitment to utilizing quality materials. Having successfully executed over 2,500 projects for local and regional clients, Evans Development is recognized for its efficiency and dedication to customer satisfaction in delivering tailored construction solutions.

How much funding has Evans Development raised?

Evans Development has raised a total of $800K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$450K

Debt (2020): $350K with participation from PPP

Debt (2021): $450K led by PPP

Key Investors in Evans Development

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Evans Development?

The recent major strategic investment signifies a pivotal moment for Evans Development, likely enabling the company to expand its operational capacity, invest in new technologies, or pursue larger-scale projects. Given its history of successful project completion and its established market position, this capital infusion is expected to fuel further expansion and solidify its competitive advantage within the general contracting industry. The company's focus on collaborative approaches and client satisfaction positions it well for sustained growth and market leadership.

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Frequently Asked Questions Regarding Evans Development Financial Insights

What are the most recent funding rounds that Evans Development has completed, and what were the funding rounds?
Evans Development has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Evans Development has raised to date?
Evans Development has raised a total of $800K in funding to date.
How many funding rounds has Evans Development completed?
Evans Development has completed 2 funding rounds.
How much funding did Evans Development raise in its most recent funding round?
Evans Development raised $450K in its most recent funding round.
Who are the lead investors in Evans Development's latest funding round?
The lead investor in Evans Development'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 Evans Development's history?
The largest funding round in Evans Development's history was $450K.
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