How Much Did Foddrill Construction Raise?
Funding & Key Investors

Foddrill Construction, a prominent player in Southern California's lighting infrastructure sector, has secured $1M in total capital. The company recently announced a $680K strategic investment, underscoring its ongoing growth and market presence. This latest financing round follows previous debt facilities, indicating a strategy focused on operational expansion and service enhancement within the competitive lighting installation and maintenance industry.

What is Foddrill Construction?

Foddrill Construction
ConstructionConstruction Management

Established in 1993, Foddrill Construction specializes in the comprehensive installation and maintenance of diverse lighting systems, including street lights, security illumination, and decorative lighting solutions. The company serves a broad clientele across businesses, public parks, and residential communities throughout Southern California. Foddrill Construction is recognized for its commitment to empowering its workforce while upholding stringent safety and quality standards. Their service portfolio encompasses advanced solutions such as LED retrofits and solar to LED conversions, alongside a critical 24/7 emergency response capability for immediate lighting needs. The company's dedication to community engagement and employee welfare has solidified its reputation as a trusted leader in the lighting sector.

How much funding has Foddrill Construction raised?

Foddrill Construction has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$680K

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

Debt (2021): $680K led by PPP

What's next for Foddrill Construction?

With the recent strategic investment and overall capital infusion, Foddrill Construction is poised for continued expansion and technological advancement. The company's focus on LED retrofits and solar integration aligns with broader industry trends towards energy efficiency and sustainability. Future initiatives are likely to involve scaling operations to meet increasing demand for modern lighting solutions, potentially exploring new geographic markets or expanding service offerings. The enterprise-level context of their funding suggests a strategic push towards larger-scale projects and infrastructure development, reinforcing their position as a key provider in the lighting industry.

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Frequently Asked Questions Regarding Foddrill Construction Financial Insights

What are the most recent funding rounds that Foddrill Construction has completed, and what were the funding rounds?
Foddrill Construction has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Foddrill Construction has raised to date?
Foddrill Construction has raised a total of $1M in funding to date.
How many funding rounds has Foddrill Construction completed?
Foddrill Construction has completed 2 funding rounds.
How much funding did Foddrill Construction raise in its most recent funding round?
Foddrill Construction raised $680K in its most recent funding round.
Who are the lead investors in Foddrill Construction's latest funding round?
The lead investor in Foddrill 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 Foddrill Construction's history?
The largest funding round in Foddrill Construction's history was $680K.
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