What is Madden Phillips Construction?
Established in 1999 and headquartered in Memphis, Madden Phillips Construction operates as a specialized contractor focused on the critical phases of site work. The company maintains a robust portfolio that encompasses the installation of complex water distribution systems, sanitary sewers, and storm drainage networks. By prioritizing safety-trained utility crews and professional project execution, the firm has become a cornerstone for both residential and municipal development projects across the Mid-South region. Their commitment to delivering comprehensive site packages ensures that they remain a preferred partner for large-scale infrastructure requirements, balancing technical precision with localized market expertise.
How much funding has Madden Phillips Construction raised?
Madden Phillips Construction has raised a total of $411K across 2 funding rounds:
Debt
$150K
Debt
$261K
Debt (2020): $150K with participation from PPP
Debt (2021): $261K led by PPP
Key Investors in Madden Phillips Construction
PPP
Public-Private Partnership
What's next for Madden Phillips Construction?
With the recent infusion of capital, Madden Phillips Construction is well-positioned to scale its operational capacity and enhance its service delivery for municipal infrastructure projects. The strategic allocation of these funds will likely focus on upgrading heavy machinery fleets and expanding the firm's technical capabilities in utility installation. As the company navigates the complexities of late-stage growth, the focus remains on maintaining high safety standards while capturing a larger share of the regional site development market. This financial backing provides the necessary liquidity to pursue more ambitious municipal contracts, further cementing the firm's reputation as a leader in the Memphis construction sector.
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