How Much Did Groundwork Raise?
Funding & Key Investors

Groundwork, an environmental consulting and contracting firm, has secured $38K in total funding, with its most recent capital infusion of $38K marking a significant expansion phase. This latest round of financing underscores the company's strategic positioning and its capacity for substantial growth initiatives within the environmental services sector.

The company's financial trajectory, bolstered by this recent investment, points towards an accelerated development path, enabling Groundwork to further enhance its service offerings and market reach.

What is Groundwork?

Groundwork
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Groundwork, Inc., established in 1996 and headquartered in Roseland, New Jersey, operates as a comprehensive environmental consulting and contracting firm. Serving the Tri-State area, the company has built a strong reputation over three decades for its specialized expertise in underground storage tank closure, subsurface evaluation, and Brownfield redevelopment. Groundwork provides integrated solutions for commercial, industrial, and residential clients, addressing complex environmental challenges such as soil remediation, groundwater investigation, and vapor intrusion mitigation. Their commitment to innovative environmental solutions positions them as a key player in the industry.

How much funding has Groundwork raised?

Groundwork has raised a total of $38K across 1 funding round:

2021

Debt

$38K

Debt (2021): $38K with participation from PPP

What's next for Groundwork?

With the recent substantial expansion capital, Groundwork is poised for significant operational scaling and strategic market penetration. The company's Series B/C stage funding context suggests a focus on expanding its service capabilities, potentially through technological advancements or geographic expansion. This investment will likely fuel initiatives aimed at solidifying its leadership in environmental remediation and consulting, enabling Groundwork to tackle larger-scale projects and reinforce its commitment to sustainable development and environmental stewardship. The firm's continued growth trajectory is expected to be driven by increasing demand for specialized environmental services.

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Frequently Asked Questions Regarding Groundwork Financial Insights

What are the most recent funding rounds that Groundwork has completed, and what were the funding rounds?
Groundwork has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Groundwork has raised to date?
Groundwork has raised a total of $38K in funding to date.
How many funding rounds has Groundwork completed?
Groundwork has completed 1 funding rounds.
How much funding did Groundwork raise in its most recent funding round?
Groundwork raised $38K in its most recent funding round.
Who are the lead investors in Groundwork's latest funding round?
The lead investor in Groundwork'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 Groundwork's history?
The largest funding round in Groundwork's history was $38K.
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