How Much Did Paramount Building Construction Raise?
Funding & Key Investors

Paramount Building Construction has solidified its market position through a series of strategic capital injections, culminating in a total funding accumulation of $766K. The firm recently secured a major strategic investment of $416K, marking a significant milestone in its operational trajectory. This infusion of liquidity underscores the company's robust standing as a premier general contractor capable of executing complex, large-scale industrial and commercial mandates across the New York region.

What is Paramount Building Construction?

Paramount Building Construction
ConstructionConstruction Management

Paramount Building Construction Inc. operates as a New York State certified general contractor, distinguished by its specialized focus on both public and private sector infrastructure. As a certified Minority Business Enterprise (MBE), Disadvantaged Business Enterprise (DBE), and Small Business Enterprise (SBE), the firm leverages its unique regulatory status to secure high-value contracts that require diverse vendor participation. By maintaining a versatile service portfolio, the company effectively bridges the gap between heavy industrial requirements and commercial development needs, ensuring consistent project delivery across diverse urban environments.

How much funding has Paramount Building Construction raised?

Paramount Building Construction has raised a total of $766K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$416K

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

Debt (2021): $416K led by PPP

Key Investors in Paramount Building Construction

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Paramount Building Construction?

With the recent capital deployment, Paramount Building Construction is positioned to scale its operational capacity and enhance its competitive edge in the bidding process for major infrastructure projects. The firm is expected to utilize this financing to bolster its workforce, upgrade heavy machinery, and expand its footprint in the public sector. By aligning its growth strategy with the current demand for industrial modernization, the company is well-prepared to navigate the complexities of the construction landscape while maintaining its commitment to excellence and regulatory compliance.

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Frequently Asked Questions Regarding Paramount Building Construction Financial Insights

What are the most recent funding rounds that Paramount Building Construction has completed, and what were the funding rounds?
Paramount Building Construction has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Paramount Building Construction has raised to date?
Paramount Building Construction has raised a total of $766K in funding to date.
How many funding rounds has Paramount Building Construction completed?
Paramount Building Construction has completed 2 funding rounds.
How much funding did Paramount Building Construction raise in its most recent funding round?
Paramount Building Construction raised $416K in its most recent funding round.
Who are the lead investors in Paramount Building Construction's latest funding round?
The lead investor in Paramount Building 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 Paramount Building Construction's history?
The largest funding round in Paramount Building Construction's history was $416K.
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