How Much Did Offutt Development Raise?
Funding & Key Investors

Offutt Development has secured $64K in total capital, with a recent financing round of $64K contributing to its substantial expansion capital. This significant Series B/C stage investment underscores the company's robust growth trajectory and market position.

What is Offutt Development?

Offutt Development
ConstructionConstruction Management

Offutt Development stands as a premier General Contractor based in Danville, Illinois, with an impressive legacy spanning over four decades. The firm has built a reputation for meticulous attention to detail and an unwavering commitment to project excellence, consistently meeting deadlines. Beyond core construction services for both residential and commercial sectors, Offutt Development offers a comprehensive suite of capabilities including excavation, site preparation, demolition, and ongoing building maintenance. Furthermore, the company plays a role in regional economic development through its distribution and installation of WatchFire signs.

How much funding has Offutt Development raised?

Offutt Development has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

Key Investors in Offutt Development

PPP

Public-Private Partnership

What's next for Offutt Development?

With the recent influx of substantial expansion capital, Offutt Development is strategically positioned for accelerated growth. This financing is expected to fuel further operational scaling, potentially enabling the company to take on larger-scale projects and expand its service offerings. The company's established track record and diversified service portfolio suggest a focus on leveraging this investment to enhance its market leadership in Illinois and potentially explore new geographic or service-related opportunities.

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Frequently Asked Questions Regarding Offutt Development Financial Insights

What are the most recent funding rounds that Offutt Development has completed, and what were the funding rounds?
Offutt Development has recently completed 1 funding rounds: Debt on Feb 16, 2021.
What is the total amount of funding Offutt Development has raised to date?
Offutt Development has raised a total of $64K in funding to date.
How many funding rounds has Offutt Development completed?
Offutt Development has completed 1 funding rounds.
How much funding did Offutt Development raise in its most recent funding round?
Offutt Development raised $64K in its most recent funding round.
Who are the lead investors in Offutt Development's latest funding round?
The lead investor in Offutt Development'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 Offutt Development's history?
The largest funding round in Offutt Development's history was $64K.
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