How Much Did HCON Raise?
Funding & Key Investors

HCON has secured $21K in total financing, with a recent capital infusion of $21K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage for the company, underscores investor confidence in HCON's growth trajectory and market position within the site development sector.

The latest financing event, which occurred on February 25, 2021, provided the company with crucial capital to fuel its ongoing development and operational scaling efforts.

What is HCON?

HCON
ConstructionCivil Engineering ConstructionTransportation

HCON Incorporated is a family-owned general contractor specializing in underground utility installation, earthwork, and trucking services across the Puget Sound region. Since its establishment in 2018, HCON has focused on preparing land parcels for construction by offering comprehensive services including clearing, excavation, grading, and infrastructure installation. The company caters to a varied client base, encompassing public works, commercial, industrial, and residential projects, with a commitment to delivering high-quality outcomes through effective communication. Their integrated trucking operations further enhance their project execution capabilities and client support.

How much funding has HCON raised?

HCON has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

Key Investors in HCON

PPP

Public-Private Partnership

What's next for HCON?

With the recent influx of substantial expansion capital, HCON is strategically positioned to accelerate its growth and enhance its service offerings. This investment is expected to facilitate the expansion of its operational capacity, potentially through the acquisition of new equipment, the hiring of specialized personnel, and the broadening of its service area. The company's focus on underground utilities and earthwork, coupled with its trucking services, provides a robust foundation for capturing a larger share of the regional construction market. Future developments will likely involve scaling its project execution capabilities to meet increasing demand and solidifying its reputation as a leading site development contractor.

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Frequently Asked Questions Regarding HCON Financial Insights

What are the most recent funding rounds that HCON has completed, and what were the funding rounds?
HCON has recently completed 1 funding rounds: Debt on Feb 25, 2021.
What is the total amount of funding HCON has raised to date?
HCON has raised a total of $21K in funding to date.
How many funding rounds has HCON completed?
HCON has completed 1 funding rounds.
How much funding did HCON raise in its most recent funding round?
HCON raised $21K in its most recent funding round.
Who are the lead investors in HCON's latest funding round?
The lead investor in HCON'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 HCON's history?
The largest funding round in HCON's history was $21K.
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