How Much Did Interstate Raise?
Funding & Key Investors

Interstate has secured $912K in total capital, with its most recent financing round bringing in $562K. This major enterprise-level funding, characterized as a significant strategic investment, underscores the company's established presence and growth trajectory in the commercial roofing sector. The latest capital infusion occurred on February 5, 2021, marking a key moment in the company's financial history.

What is Interstate?

Interstate
ConstructionConstruction Management

Interstate Corporation is a family-owned and operated commercial roofing company with a 27-year legacy of service in the Washington, D.C. Metropolitan area. Led by President Perry Cho and co-founder John Cho, the company has built an extensive portfolio of projects across commercial, governmental, and private sectors, with a notable emphasis on educational facilities. Their commitment to "Delivering Quality Service that Exceeds Expectation" has guided their work on hundreds of K-12 schools, universities, shopping centers, apartments, warehouses, offices, and churches, solidifying their reputation for quality and reliability in new construction, replacement, and renovation projects.

How much funding has Interstate raised?

Interstate has raised a total of $912K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$562K

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

Debt (2021): $562K led by PPP

What's next for Interstate?

The recent major strategic investment signals Interstate's readiness to potentially expand its operational capacity, explore new market segments within the commercial construction industry, or enhance its service offerings. Given its long-standing history and focus on quality, this capital infusion is likely to support further growth and reinforce its competitive position in the Washington, D.C. market. Future endeavors may involve leveraging this backing to undertake larger-scale projects or adopt innovative roofing technologies.

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Frequently Asked Questions Regarding Interstate Financial Insights

What are the most recent funding rounds that Interstate has completed, and what were the funding rounds?
Interstate has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Interstate has raised to date?
Interstate has raised a total of $912K in funding to date.
How many funding rounds has Interstate completed?
Interstate has completed 2 funding rounds.
How much funding did Interstate raise in its most recent funding round?
Interstate raised $562K in its most recent funding round.
Who are the lead investors in Interstate's latest funding round?
The lead investor in Interstate'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 Interstate's history?
The largest funding round in Interstate's history was $562K.
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