How Much Did Johnston Development Raise?
Funding & Key Investors

Johnston Development, a seasoned commercial contractor and project developer, has secured $46K in total financing, with a recent infusion of $46K designated for substantial expansion capital. This latest round, occurring around January 16, 2021, signifies a pivotal moment for the company as it navigates its significant Series B/C stage of growth. The company's long-standing presence in the construction industry, spanning over five decades, positions it for strategic advancements.

What is Johnston Development?

Johnston Development
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Johnston Development Company has established a robust reputation over 50 years as a commercial contractor and project developer. Their expertise is particularly noted in the construction of church facilities, having successfully completed nearly 70 major projects across various denominations in Iowa. Beyond religious institutions, the company also engages in the design and construction of single and multi-family homes, as well as other commercial facilities. A core tenet of their approach is the emphasis on energy-efficient designs, coupled with a commitment to adhering to client budget constraints. They maintain close collaborative relationships with clients throughout the project lifecycle. For all commercial endeavors, Johnston Development ensures the involvement of a licensed architect, aligning with Iowa law and certifying final project plans.

How much funding has Johnston Development raised?

Johnston Development has raised a total of $46K across 1 funding round:

2021

Debt

$46K

Debt (2021): $46K with participation from PPP

What's next for Johnston Development?

With the recent influx of substantial expansion capital, Johnston Development is poised to accelerate its growth trajectory. The company's significant Series B/C stage funding indicates a strategic focus on scaling operations, potentially expanding its geographic reach, or investing in new technologies and capabilities within the construction and development sectors. Leveraging its extensive experience and established track record, particularly in specialized areas like church facility construction, Johnston Development is well-positioned to capitalize on market opportunities and further solidify its industry standing. Future developments will likely focus on enhancing its capacity for energy-efficient building solutions and continuing its tradition of budget-conscious project delivery.

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Frequently Asked Questions Regarding Johnston Development Financial Insights

What are the most recent funding rounds that Johnston Development has completed, and what were the funding rounds?
Johnston Development has recently completed 1 funding rounds: Debt on Jan 16, 2021.
What is the total amount of funding Johnston Development has raised to date?
Johnston Development has raised a total of $46K in funding to date.
How many funding rounds has Johnston Development completed?
Johnston Development has completed 1 funding rounds.
How much funding did Johnston Development raise in its most recent funding round?
Johnston Development raised $46K in its most recent funding round.
Who are the lead investors in Johnston Development's latest funding round?
The lead investor in Johnston Development'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 Johnston Development's history?
The largest funding round in Johnston Development's history was $46K.
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