How Much Did HGI Raise?
Funding & Key Investors

HGI, a prominent specialty steel company, has secured $2M in total capital, with a recent strategic investment of $2M. This significant backing underscores the company's established position in serving the construction sector across Ohio and Michigan.

What is HGI?

HGI
ConstructionConstruction ManagementCivil Engineering Construction

HGI operates as a leading subcontractor specializing in concrete reinforcing steel for both public and private sector projects. Their expertise encompasses a wide range of infrastructure, including bridges, hospitals, schools, parking garages, and government buildings. The company also provides installation services for welded wire fabric, rebar accessories, structural steel, and post-tensioning, leveraging years of experience in the structural steel industry. HGI employs highly skilled Union Ironworkers from the International Association of Bridge, Structural, Ornamental and Reinforcing Ironworkers (IABSORIW), ensuring efficient and accurate project completion within industry safety standards.

How much funding has HGI raised?

HGI has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in HGI

PPP

Public-Private Partnership

What's next for HGI?

The recent major strategic investment signals a phase of significant growth and potential expansion for HGI. This capital infusion is likely to bolster its capacity to undertake larger-scale projects and enhance its operational capabilities. HGI's focus on reinforcing concrete, combined with its established presence and experienced workforce, positions it to capitalize on ongoing infrastructure development and commercial construction opportunities in its key markets.

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Frequently Asked Questions Regarding HGI Financial Insights

What are the most recent funding rounds that HGI has completed, and what were the funding rounds?
HGI has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding HGI has raised to date?
HGI has raised a total of $2M in funding to date.
How many funding rounds has HGI completed?
HGI has completed 1 funding rounds.
How much funding did HGI raise in its most recent funding round?
HGI raised $2M in its most recent funding round.
Who are the lead investors in HGI's latest funding round?
The lead investor in HGI'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 HGI's history?
The largest funding round in HGI's history was $2M.
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