How Much Did Herndon Construction Services Raise?
Funding & Key Investors

Herndon Construction Services has secured $861K in total capital, with its most recent financing round bringing in $511K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the construction sector.

The company's funding history, which includes debt financing rounds in April 2020 and January 2021, indicates a strategic approach to capital management and operational scaling.

What is Herndon Construction Services?

Herndon Construction Services
ConstructionConstruction Management

Herndon Construction Services, Inc. is a well-established construction firm based in Oldsmar, Florida, boasting over three decades of experience in the Tampa Bay area. The company specializes in commercial drywall and acoustical ceiling installations, prioritizing the delivery of high-quality work within specified timelines and budgets. A key aspect of Herndon Construction Services' business model is its focus on cultivating enduring relationships with contractors, which has consistently driven repeat business and solidified its reputation in the market. The firm is equipped with the necessary crews and tools to manage a diverse range of construction projects efficiently, positioning it as a reliable partner for commercial development.

How much funding has Herndon Construction Services raised?

Herndon Construction Services has raised a total of $861K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$511K

Debt (2020): $350K with participation from PPP

Debt (2021): $511K led by PPP

Key Investors in Herndon Construction Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Herndon Construction Services?

The recent major strategic investment in Herndon Construction Services signals a pivotal moment for the company, likely enabling expansion of its operational capacity, technological adoption, or market reach. Given its long-standing expertise and focus on client relationships, this capital infusion is expected to fortify its competitive advantage in the commercial construction landscape. Future endeavors may involve undertaking larger-scale projects, enhancing service offerings, or exploring new geographic markets. The company's consistent track record suggests a prudent deployment of these new resources to drive sustainable growth and maintain its commitment to quality and client satisfaction.

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Frequently Asked Questions Regarding Herndon Construction Services Financial Insights

What are the most recent funding rounds that Herndon Construction Services has completed, and what were the funding rounds?
Herndon Construction Services has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Herndon Construction Services has raised to date?
Herndon Construction Services has raised a total of $861K in funding to date.
How many funding rounds has Herndon Construction Services completed?
Herndon Construction Services has completed 2 funding rounds.
How much funding did Herndon Construction Services raise in its most recent funding round?
Herndon Construction Services raised $511K in its most recent funding round.
Who are the lead investors in Herndon Construction Services's latest funding round?
The lead investor in Herndon Construction Services'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 Herndon Construction Services's history?
The largest funding round in Herndon Construction Services's history was $511K.
See more information about Herndon Construction Services