How Much Did Long Ridge Development & Properties Raise?
Funding & Key Investors

Long Ridge Development & Properties has successfully secured a significant capital injection, bringing its total funding to $29K. This latest financing round, which accounts for $29K, underscores the firm's robust growth trajectory within the competitive residential construction sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and solidify its footprint in the North Carolina market.

The infusion of resources marks a pivotal moment for the organization as it transitions from a regional contractor to a more prominent player in neighborhood development. This strategic backing provides the necessary liquidity to accelerate project timelines and enhance service delivery for custom home design clients.

What is Long Ridge Development & Properties?

Long Ridge Development & Properties
ConstructionConstruction ManagementArchitecture, Engineering & Design

Based in Kannapolis, North Carolina, Long Ridge Development & Properties operates as a comprehensive residential contractor and developer. The firm distinguishes itself through a vertically integrated approach that encompasses custom home design, large-scale neighborhood development, and complex residential remodels. As a licensed general contractor, the company focuses on delivering personalized living solutions that cater to the evolving demands of modern families.

The company's market position is defined by its commitment to quality craftsmanship and architectural innovation. By maintaining a full-service model, Long Ridge Development & Properties effectively manages the entire lifecycle of a property, from initial design concepts to final construction, ensuring consistency and value for its clientele.

How much funding has Long Ridge Development & Properties raised?

Long Ridge Development & Properties has raised a total of $29K across 1 funding round:

2021

Debt

$29K

Debt (2021): $29K with participation from PPP

Key Investors in Long Ridge Development & Properties

PPP

Public-Private Partnership

What's next for Long Ridge Development & Properties?

With the recent influx of capital, Long Ridge Development & Properties is poised to execute an aggressive growth strategy. The firm is expected to prioritize the acquisition of new land parcels for neighborhood development while simultaneously upgrading its design technology stack to improve client engagement. This phase of development will likely focus on operational efficiency and expanding the company's capacity to handle larger, multi-unit residential projects.

Looking ahead, the management team will likely leverage this financial stability to navigate market fluctuations and capitalize on the sustained demand for high-quality residential infrastructure. By scaling its workforce and enhancing its project management capabilities, the company aims to set new benchmarks for residential development in the region, ensuring long-term sustainability and market leadership.

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Frequently Asked Questions Regarding Long Ridge Development & Properties Financial Insights

What are the most recent funding rounds that Long Ridge Development & Properties has completed, and what were the funding rounds?
Long Ridge Development & Properties has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding Long Ridge Development & Properties has raised to date?
Long Ridge Development & Properties has raised a total of $29K in funding to date.
How many funding rounds has Long Ridge Development & Properties completed?
Long Ridge Development & Properties has completed 1 funding rounds.
How much funding did Long Ridge Development & Properties raise in its most recent funding round?
Long Ridge Development & Properties raised $29K in its most recent funding round.
Who are the lead investors in Long Ridge Development & Properties's latest funding round?
The lead investor in Long Ridge Development & Properties'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 Long Ridge Development & Properties's history?
The largest funding round in Long Ridge Development & Properties's history was $29K.
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