How Much Did Goodman Raise?
Funding & Key Investors

Goodman, a commercial finishing contractor with a legacy dating back to 1927, has secured $1.9M in total enterprise-level funding. The company recently announced a $938K major strategic investment, underscoring its established market position and ongoing operational financing needs. This latest capital infusion, received on March 13, 2021, follows a prior debt financing round of $1 billion in April 2020, indicating a consistent strategy of leveraging debt for operational capacity and expansion within the Southeast market.

What is Goodman?

Goodman
ConstructionConstruction Management

Goodman operates as a comprehensive commercial finishing contractor based in Atlanta, serving the Southeast region for nearly a century. The company distinguishes itself through specialized divisions catering to diverse construction needs, including traditional painting and wallcovering, advanced acoustical solutions via its Architectural Products Division (Whisper Wall), artistic and decorative finishes through its Fine Arts Division, and robust Drywall Division services. Goodman's integrated approach covers the full project lifecycle, from initial budgeting and consultation to final delivery, supported by experienced management and operational teams adept at handling projects of varying scale and complexity. Its deep industry involvement, evidenced by memberships in key professional associations like the Associated General Contractors of America and the Atlanta Chamber of Commerce, ensures adherence to best practices and technical advancements in the finishing sector.

How much funding has Goodman raised?

Goodman has raised a total of $1.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$938K

Debt (2020): $1M with participation from PPP

Debt (2021): $938K led by PPP

What's next for Goodman?

The recent strategic investment and ongoing debt financing suggest Goodman is focused on reinforcing its operational capabilities and potentially expanding its service offerings or geographic reach within the commercial finishing sector. Given its long history and established presence, this capital is likely earmarked for enhancing project execution, upgrading equipment, or supporting larger-scale contracts. The company's commitment to industry best practices and its diverse service portfolio position it to capitalize on opportunities in the commercial construction market, particularly for projects requiring specialized interior and exterior finishing solutions. Future growth may involve further leveraging its established reputation and operational expertise to secure more significant enterprise-level contracts.

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Frequently Asked Questions Regarding Goodman Financial Insights

What are the most recent funding rounds that Goodman has completed, and what were the funding rounds?
Goodman has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Goodman has raised to date?
Goodman has raised a total of $1.9M in funding to date.
How many funding rounds has Goodman completed?
Goodman has completed 2 funding rounds.
How much funding did Goodman raise in its most recent funding round?
Goodman raised $938K in its most recent funding round.
Who are the lead investors in Goodman's latest funding round?
The lead investor in Goodman'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 Goodman's history?
The largest funding round in Goodman's history was $1M.
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