How Much Did Independence Construction Raise?
Funding & Key Investors

Independence Construction Co. of Virginia (ICV) has solidified its position as a cornerstone of the national commercial building sector, recently securing a major strategic investment to bolster its operational capacity. With a total capital accumulation reaching $1.1M, the firm continues to leverage its long-standing reputation for excellence. The most recent infusion of $791K underscores the company's robust financial health and its ability to attract significant debt-based financing to support its expansive project portfolio across 25 states.

What is Independence Construction?

Independence Construction
ConstructionConstruction Management

Founded in 1986 and headquartered in Virginia Beach, Independence Construction has evolved from a regional contractor into a national powerhouse specializing in complex renovations, retrofits, and new construction. The firm serves a diverse clientele, ranging from retail giants and restaurant chains to industrial developers and theme park operators. By integrating design-build methodologies with a rigorous focus on budget and timeline adherence, ICV maintains a competitive edge in the high-stakes commercial construction market. Their ability to adapt to shifting consumer brand experiences has made them a preferred partner for large-scale tenant build-outs and office development projects nationwide.

How much funding has Independence Construction raised?

Independence Construction has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$791K

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

Debt (2021): $791K led by PPP

Key Investors in Independence Construction

PPP

Public-Private Partnership

What's next for Independence Construction?

Looking ahead, the recent capital injection positions Independence Construction to scale its operations further, potentially targeting larger infrastructure projects and advanced pre-engineered building solutions. As the firm navigates the current economic landscape, the strategic deployment of these funds will likely focus on enhancing technological integration within their construction workflows and expanding their footprint in emerging commercial hubs. By maintaining its commitment to high-quality delivery and client-centric design, ICV is well-positioned to capitalize on the ongoing demand for modernized retail and industrial spaces, ensuring sustained growth and market leadership in the coming decade.

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Frequently Asked Questions Regarding Independence Construction Financial Insights

What are the most recent funding rounds that Independence Construction has completed, and what were the funding rounds?
Independence Construction has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Independence Construction has raised to date?
Independence Construction has raised a total of $1.1M in funding to date.
How many funding rounds has Independence Construction completed?
Independence Construction has completed 2 funding rounds.
How much funding did Independence Construction raise in its most recent funding round?
Independence Construction raised $791K in its most recent funding round.
Who are the lead investors in Independence Construction's latest funding round?
The lead investor in Independence Construction'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 Independence Construction's history?
The largest funding round in Independence Construction's history was $791K.
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