How Much Did LFG Rigging Raise?
Funding & Key Investors

LFG Rigging has secured $695K in total capital, with its most recent financing round bringing in $345K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the specialized rigging and crane services sector.

What is LFG Rigging?

LFG Rigging
ConstructionConstruction ManagementTransportation

LFG Rigging Inc. is a seasoned provider of rigging and crane services, operating across New York City and Long Island with over four decades of industry experience. The company offers a comprehensive suite of solutions, including heavy machinery moving, generator relocation, and intricate specialty project logistics. LFG Rigging positions itself as a full-service partner, managing all necessary permits and insurance to ensure safe, efficient, and cost-effective project execution. Their experienced team is adept at addressing complex rigging challenges, providing initial site evaluations and free estimates to prospective clients.

How much funding has LFG Rigging raised?

LFG Rigging has raised a total of $695K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$345K

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

Debt (2021): $345K led by PPP

Key Investors in LFG Rigging

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for LFG Rigging?

The recent major strategic investment signals a period of potential expansion and enhanced operational capacity for LFG Rigging. This capital infusion is likely to support the company's efforts to further solidify its market leadership in New York City and Long Island, potentially enabling the acquisition of new equipment, the expansion of its service offerings, or the strengthening of its operational infrastructure. The company's long-standing experience and focus on comprehensive project management suggest a strategic approach to leveraging this new financing for sustained growth and service excellence.

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Frequently Asked Questions Regarding LFG Rigging Financial Insights

What are the most recent funding rounds that LFG Rigging has completed, and what were the funding rounds?
LFG Rigging has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on May 1, 2020.
What is the total amount of funding LFG Rigging has raised to date?
LFG Rigging has raised a total of $695K in funding to date.
How many funding rounds has LFG Rigging completed?
LFG Rigging has completed 2 funding rounds.
How much funding did LFG Rigging raise in its most recent funding round?
LFG Rigging raised $345K in its most recent funding round.
Who are the lead investors in LFG Rigging's latest funding round?
The lead investor in LFG Rigging'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 LFG Rigging's history?
The largest funding round in LFG Rigging's history was $350K.
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