What is Friede & Associates?
Friede & Associates is a long-standing provider of design-build construction services, operating in Wisconsin since the late 1890s. The company offers a full spectrum of services, including general contracting, pre-construction planning, renovation, restoration, and construction management. Their integrated, single-source accountability model is designed to optimize project execution, ensuring strict adherence to budgetary constraints and timelines. Friede & Associates is committed to delivering high-quality results with a strong emphasis on safety, serving a broad range of clients across the construction industry.
How much funding has Friede & Associates raised?
Friede & Associates has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$654K
Debt (2020): $350K with participation from PPP
Debt (2021): $654K led by PPP
What's next for Friede & Associates?
The recent major enterprise-level funding indicates a strategic push for Friede & Associates, likely aimed at expanding its operational capacity, investing in new technologies, or pursuing larger-scale projects. This capital infusion will enable the company to further solidify its market position and potentially explore new geographic markets or service offerings. The sustained investment suggests confidence from financial backers in Friede & Associates' business model and its capacity for continued growth and profitability in the competitive construction landscape.
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