How Much Did Opal Construction Raise?
Funding & Key Investors

Opal Construction has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $950K. The most recent injection of $600K underscores the firm's commitment to scaling its infrastructure and service capabilities within the competitive New York construction landscape. This financial backing serves as a testament to the company's operational stability and its proven track record in executing complex municipal and commercial projects.

What is Opal Construction?

Opal Construction
ConstructionCivil Engineering ConstructionConstruction Management

Based in New York, Opal Construction operates as a specialized provider of paving, plumbing, and heavy construction services. With a legacy spanning over two decades, the firm has successfully navigated the complexities of urban development, completing over 1,240 projects for a diverse clientele. Their core competencies include municipal repairs, concrete and sidewalk installation, drainage systems, and masonry. By maintaining a focus on high-quality delivery and client satisfaction, Opal Construction has established itself as a reliable partner for both public and private sector infrastructure needs, effectively bridging the gap between traditional craftsmanship and modern construction requirements.

How much funding has Opal Construction raised?

Opal Construction has raised a total of $950K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$600K

Debt (2020): $350K with participation from PPP

Debt (2021): $600K led by PPP

Key Investors in Opal Construction

PPP

Public-Private Partnership

What's next for Opal Construction?

With the recent influx of capital, Opal Construction is well-positioned to accelerate its growth trajectory and enhance its operational efficiency. The strategic allocation of these funds will likely focus on upgrading heavy machinery, expanding the workforce to meet increasing demand for municipal repairs, and potentially diversifying into larger-scale civil engineering projects. As the firm continues to leverage its deep industry expertise, the focus will remain on maintaining high-quality standards while scaling its footprint across the New York metropolitan area. Future growth will be driven by the company's ability to integrate advanced construction technologies with its established service model, ensuring long-term sustainability in a capital-intensive industry.

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Frequently Asked Questions Regarding Opal Construction Financial Insights

What are the most recent funding rounds that Opal Construction has completed, and what were the funding rounds?
Opal Construction has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Opal Construction has raised to date?
Opal Construction has raised a total of $950K in funding to date.
How many funding rounds has Opal Construction completed?
Opal Construction has completed 2 funding rounds.
How much funding did Opal Construction raise in its most recent funding round?
Opal Construction raised $600K in its most recent funding round.
Who are the lead investors in Opal Construction's latest funding round?
The lead investor in Opal 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 Opal Construction's history?
The largest funding round in Opal Construction's history was $600K.
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