What is Parent Construction?
Founded in 1985 and headquartered in Hinesburg, Vermont, Parent Construction, Inc. operates as a General Contractor with a specialization in bridge construction, commercial concrete, and site work. The firm's technical capabilities encompass high-tolerance concrete floors, Shotcrete, sheet piling, and architectural concrete. Parent Construction has a track record of delivering quality projects, evidenced by its recognition with the 2011 Best Builders Award for the rehabilitation of the Route 74 Bridge. The company serves a broad spectrum of clients within the construction industry, demonstrating its versatility and capacity for complex projects.
How much funding has Parent Construction raised?
Parent Construction has raised a total of $325K across 2 funding rounds:
Debt
$150K
Debt
$175K
Debt (2020): $150K with participation from PPP
Debt (2021): $175K led by PPP
What's next for Parent Construction?
The recent major strategic investment, within the context of large-scale late-stage funding, suggests Parent Construction is poised for significant expansion or the undertaking of major new projects. This capital infusion is likely to bolster its capacity for large-scale infrastructure development, potentially allowing for the acquisition of new equipment, expansion into new geographic markets, or the pursuit of larger, more complex contracts. The company's established expertise in bridge construction and commercial concrete positions it well to leverage this new backing for continued growth and market leadership.
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