How Much Did Jelsema Concrete Construction Raise?
Funding & Key Investors

Jelsema Concrete Construction has solidified its market position through a series of strategic debt financing initiatives, culminating in a total capital infusion of $447K. The most recent injection of liquidity, totaling $297K, underscores the firm's commitment to scaling its operational capacity within the West and Northern Michigan corridors. This late-stage financial backing serves as a testament to the company's enduring legacy and its ability to leverage debt instruments to fuel long-term infrastructure development projects.

What is Jelsema Concrete Construction?

Jelsema Concrete Construction
ConstructionConstruction Management

Headquartered in Grand Rapids, Michigan, Jelsema Concrete Construction operates as a cornerstone of the regional masonry and structural development sector. With a operational history spanning over four decades, the firm provides comprehensive concrete services, including specialized construction and equipment rentals. By maintaining a dual focus on residential and commercial sectors, the company has cultivated a reputation for high-quality workmanship. Their market position is defined by a deep understanding of local regulatory environments and a robust supply chain that supports large-scale concrete deployment across Michigan's diverse landscape.

How much funding has Jelsema Concrete Construction raised?

Jelsema Concrete Construction has raised a total of $447K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$297K

Debt (2020): $150K with participation from PPP

Debt (2021): $297K led by PPP

Key Investors in Jelsema Concrete Construction

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Jelsema Concrete Construction?

With the recent strategic investment secured, Jelsema Concrete Construction is well-positioned to modernize its fleet and expand its service footprint. The current lifecycle stage suggests a transition toward increased automation in concrete pouring and structural reinforcement techniques. By optimizing its debt-to-equity profile, the firm is likely to pursue larger-scale commercial contracts that require significant upfront capital expenditure. Future growth will be predicated on the company's ability to maintain its high standards of service while scaling its operational reach to meet the rising demand for durable infrastructure in the Great Lakes region.

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Frequently Asked Questions Regarding Jelsema Concrete Construction Financial Insights

What are the most recent funding rounds that Jelsema Concrete Construction has completed, and what were the funding rounds?
Jelsema Concrete Construction has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on May 1, 2020.
What is the total amount of funding Jelsema Concrete Construction has raised to date?
Jelsema Concrete Construction has raised a total of $447K in funding to date.
How many funding rounds has Jelsema Concrete Construction completed?
Jelsema Concrete Construction has completed 2 funding rounds.
How much funding did Jelsema Concrete Construction raise in its most recent funding round?
Jelsema Concrete Construction raised $297K in its most recent funding round.
Who are the lead investors in Jelsema Concrete Construction's latest funding round?
The lead investor in Jelsema Concrete 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 Jelsema Concrete Construction's history?
The largest funding round in Jelsema Concrete Construction's history was $297K.
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