What is Frase?
Established in 1999, Frase has evolved into a comprehensive general contractor providing a diverse suite of services, ranging from intricate roof installations and window repairs to large-scale commercial construction projects. Based in Ottumwa, Iowa, the company has built a reputation for reliability and client-centric project management. Beyond its core construction capabilities, the firm maintains a diversified portfolio that includes property management and real estate listings, effectively integrating construction expertise with local market development.
The company's market position is defined by its deep-rooted local presence and its ability to navigate the complexities of both residential and commercial building requirements. By maintaining a focus on competitive pricing and high-quality execution, Frase has solidified its status as a preferred partner for property owners seeking end-to-end construction solutions.
How much funding has Frase raised?
Frase has raised a total of $65K across 1 funding round:
Debt
$65K
Debt (2021): $65K with participation from PPP
Key Investors in Frase
PPP
Public-Private Partnership
What's next for Frase?
With the recent influx of capital, Frase is expected to prioritize the modernization of its construction equipment and the expansion of its workforce to meet rising demand. The strategic roadmap likely involves scaling its commercial project division, which serves as a high-growth vertical for the firm. Furthermore, the company is well-positioned to capitalize on the current real estate climate in Iowa by potentially increasing its property development and rental inventory.
As the firm moves into this next phase of growth, the focus will remain on maintaining the operational excellence that has defined its two-decade history while integrating new technologies to streamline project delivery. This expansionary phase is critical for Frase as it seeks to capture a larger share of the regional construction market and solidify its long-term financial sustainability.
