How Much Did Manthei Construction Raise?
Funding & Key Investors

Manthei Construction has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and future growth potential in the construction sector.

What is Manthei Construction?

Manthei Construction
ManufacturingBuilding MaterialsConstruction Management

Manthei Construction, operating as MDC Contracting, stands as one of Northern Michigan's largest suppliers of ready-mix concrete. With strategically located plants in Charlevoix, Petoskey, Gaylord, and East Jordan, the company is well-positioned to serve a broad range of residential, commercial, and MDOT projects. Its extensive fleet of trucks and pumps, coupled with its four plant facilities, enables MDC to cater to a substantial portion of the region's concrete needs. This operational scale has fostered strong relationships with local concrete crews, facilitating the connection of clients with suitable contractors for their specific job requirements. The company's capacity to supply large volumes of concrete, supported by its advanced pumping equipment, ensures readiness for diverse project scopes.

How much funding has Manthei Construction raised?

Manthei Construction has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Manthei Construction?

The recent major strategic investment into Manthei Construction signals a pivotal moment for the company, likely indicating a phase of significant expansion or operational enhancement. Given the enterprise-level context of its total funding, this capital infusion is expected to fuel strategic initiatives aimed at solidifying its market leadership in Northern Michigan's concrete supply chain. Future endeavors may include expanding plant capacity, upgrading logistical infrastructure, or exploring adjacent market opportunities to further leverage its established reputation and operational expertise.

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Frequently Asked Questions Regarding Manthei Construction Financial Insights

What are the most recent funding rounds that Manthei Construction has completed, and what were the funding rounds?
Manthei Construction has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Manthei Construction has raised to date?
Manthei Construction has raised a total of $1M in funding to date.
How many funding rounds has Manthei Construction completed?
Manthei Construction has completed 1 funding rounds.
How much funding did Manthei Construction raise in its most recent funding round?
Manthei Construction raised $1M in its most recent funding round.
Who are the lead investors in Manthei Construction's latest funding round?
The lead investor in Manthei Construction'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 Manthei Construction's history?
The largest funding round in Manthei Construction's history was $1M.
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