What is Keith Grimes?
With over 30 years of operational experience, Keith Grimes Inc. has evolved from its origins as an excavation and drainage specialist into a full-service provider. The company offers a wide array of services including demolition, septic systems, road construction, utility installation, truck services, steel sheet pile supply and installation, and dewatering. Its marine construction capabilities encompass dock and bulkhead construction, piling installation, dredging, and salvage operations, supported by a fleet of cranes suitable for diverse job sites. The family-run business prides itself on its team of over 25 skilled employees, enabling them to manage projects from simple to complex with professionalism, safety, and cost-effectiveness, adeptly handling East End site challenges such as groundwater, tight spaces, and intricate septic systems.
How much funding has Keith Grimes raised?
Keith Grimes has raised a total of $412K across 2 funding rounds:
Debt
$150K
Debt
$262K
Debt (2020): $150K with participation from PPP
Debt (2021): $262K led by PPP
What's next for Keith Grimes?
The recent large-scale, late-stage funding indicates a strategic phase for Keith Grimes Inc., likely focused on expanding operational capacity, acquiring advanced equipment, or entering new geographic markets. This significant capital injection is poised to bolster the company's ability to undertake larger, more complex projects and enhance its competitive edge in both site development and marine construction. The company's sustained growth and diversification suggest a strong foundation for future expansion and market leadership.
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