What is Installation Concepts?
Installation Concepts Inc. operates as a comprehensive provider of office furniture installation services. Their expertise spans new installations, reconfigurations, warehousing, and upholstery, catering to major furniture brands like Knoll, Steelcase, and Herman Miller. As a member of the InstallNET Preferred Provider Program, the company emphasizes collaboration with partners dedicated to upholding high service standards. Their operational footprint covers Maryland, Virginia, and the Washington D.C. metropolitan area, with capabilities for nationwide service delivery through a network of seasoned professionals.
How much funding has Installation Concepts raised?
Installation Concepts has raised a total of $413K across 2 funding rounds:
Debt
$150K
Debt
$263K
Debt (2020): $150K with participation from PPP
Debt (2021): $263K led by PPP
Key Investors in Installation Concepts
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in the funding round, contributing to the company's capital. The identity and specific investment thesis of this backer are not available.
What's next for Installation Concepts?
The substantial capital infusion, particularly the recent strategic investment, positions Installation Concepts for accelerated expansion and enhanced service capabilities. This backing is indicative of a late-stage growth phase, suggesting a focus on scaling operations, potentially expanding geographic reach beyond its current Maryland, Virginia, and D.C. base, and further solidifying its partnerships within the industry. The company is poised to leverage this financing to strengthen its market leadership in comprehensive office furniture solutions.
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