Paramount Contracting Funding: How Much Did They Raise & Key Investors

How Much Did Paramount Contracting Raise?
Funding & Key Investors

Paramount Contracting has secured $2.2M in total capital, with its most recent funding round bringing in $1.2M through a major strategic investment. This significant financial backing underscores the company's established presence and growth trajectory within the commercial contracting sector.

The company's funding history, which includes debt financing, indicates a strategic approach to capital management as it navigates its expansion.

What is Paramount Contracting?

Paramount Contracting

Construction

Construction Management

Paramount Contracting is a seasoned commercial contractor headquartered in Lancaster, PA, recognized for its proficiency in meeting stringent project timelines. The firm offers a comprehensive suite of services, including metal stud framing, drywall systems, insulation, EIFS, and acoustical ceilings. Paramount Contracting extends its services across Pennsylvania, Maryland, Delaware, New Jersey, West Virginia, and Virginia, catering to diverse industries such as education, healthcare, and retail. The company's operational ethos centers on surpassing client expectations and fostering enduring partnerships through high-quality workmanship and dependable service delivery.

How much funding has Paramount Contracting raised?

Paramount Contracting has raised a total of $2.2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.2M

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

Debt (2021): $1.2M led by PPP

Key Investors in Paramount Contracting

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Paramount Contracting?

The recent major strategic investment suggests Paramount Contracting is poised for significant expansion or operational enhancement. This capital infusion is likely to fuel advancements in service capabilities, geographic reach, or technological adoption, reinforcing its competitive edge in the demanding commercial construction market. The company's focus on key sectors like education and healthcare indicates a strategic alignment with areas experiencing consistent development and investment.

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Frequently Asked Questions Regarding Paramount Contracting Financial Insights

What are the most recent funding rounds that Paramount Contracting has completed, and what were the funding rounds?

Paramount Contracting has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 7, 2020.

What is the total amount of funding Paramount Contracting has raised to date?

Paramount Contracting has raised a total of $2.2M in funding to date.

How many funding rounds has Paramount Contracting completed?

Paramount Contracting has completed 2 funding rounds.

How much funding did Paramount Contracting raise in its most recent funding round?

Paramount Contracting raised $1.2M in its most recent funding round.

Who are the lead investors in Paramount Contracting's latest funding round?

The lead investor in Paramount Contracting'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 Contracting's history?

The largest funding round in Paramount Contracting's history was $1.2M.

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