How Much Did My-Con Raise?
Funding & Key Investors

My-Con, Inc. has solidified its position in the West Michigan infrastructure sector, securing a total capital infusion of $299K. This trajectory of financial backing includes a recent major strategic investment of $149K, which underscores the firm's operational maturity and its capacity to execute large-scale excavation mandates across commercial, residential, and municipal landscapes.

What is My-Con?

My-Con
ConstructionConstruction ManagementCivil Engineering Construction

Headquartered in Hudsonville, My-Con, Inc. operates as a cornerstone of regional development, providing specialized excavation services that serve as the bedrock for local construction projects. By maintaining a robust fleet of heavy machinery and a highly skilled workforce, the company has successfully navigated the complexities of municipal and private sector contracting. Their market position is defined by a commitment to technical precision and project reliability, allowing them to capture significant market share in the competitive West Michigan construction ecosystem. The firm's ability to scale its service offerings from residential site preparation to complex municipal infrastructure projects highlights its operational versatility and long-term viability in the heavy civil engineering space.

How much funding has My-Con raised?

My-Con has raised a total of $299K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$149K

Debt (2020): $150K with participation from PPP

Debt (2021): $149K led by PPP

Key Investors in My-Con

PPP

Public-Private Partnership

What's next for My-Con?

With the recent influx of capital, My-Con, Inc. is positioned to accelerate its strategic growth initiatives, likely focusing on fleet modernization and the expansion of its service footprint. As the company transitions through this late-stage funding cycle, the focus will shift toward optimizing operational efficiencies and potentially pursuing larger-scale public works contracts. By leveraging its established reputation and enhanced financial liquidity, My-Con is well-equipped to navigate the cyclical nature of the construction industry while maintaining its status as a preferred partner for critical infrastructure development in the Midwest. Future growth will likely be characterized by increased technological integration in excavation processes and a broader geographic reach within the Michigan market.

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Frequently Asked Questions Regarding My-Con Financial Insights

What are the most recent funding rounds that My-Con has completed, and what were the funding rounds?
My-Con has recently completed 2 funding rounds: Debt on Feb 1, 2021, Debt on Apr 6, 2020.
What is the total amount of funding My-Con has raised to date?
My-Con has raised a total of $299K in funding to date.
How many funding rounds has My-Con completed?
My-Con has completed 2 funding rounds.
How much funding did My-Con raise in its most recent funding round?
My-Con raised $149K in its most recent funding round.
Who are the lead investors in My-Con's latest funding round?
The lead investor in My-Con'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 My-Con's history?
The largest funding round in My-Con's history was $150K.
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