What is Hire Construction?
Hire Construction operates as a specialized provider of critical infrastructure services, focusing on technical capabilities such as directional drilling, fiber blowing and splicing, Utilicor coring, hydro excavation, and vibratory plowing. By maintaining a direct-to-client communication model, the company eliminates traditional intermediaries, fostering a reputation for transparency and project efficiency. Headquartered with a primary service radius centered in Jay County, Indiana, the firm has cultivated a niche market position by prioritizing technical expertise and integrity in complex utility installation projects.
How much funding has Hire Construction raised?
Hire Construction has raised a total of $160K across 2 funding rounds:
Debt
$110K
Debt
$50K
Debt (2021): $110K with participation from PPP
Debt (2024): $50K led by First Merchants Bank
Key Investors in Hire Construction
First Merchants Bank
A prominent financial institution providing commercial banking and credit solutions to support regional business growth and infrastructure development.
PPP
Public-Private Partnership
What's next for Hire Construction?
With the recent injection of capital, Hire Construction is well-positioned to accelerate its service deployment and potentially extend its operational footprint beyond its current 200-mile radius. The strategic focus will likely shift toward upgrading heavy machinery and expanding its workforce to accommodate larger-scale fiber optic and utility projects. By maintaining its core values of honesty and respect, the company aims to leverage this financial backing to secure larger municipal and private sector contracts, effectively transitioning from a regional player to a more dominant force in the infrastructure construction landscape.
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