How Much Did Parsons Construction Raise?
Funding & Key Investors

Parsons Construction has secured significant capital, with a total funding amount of $311K. The company recently announced a major strategic investment of $161K, underscoring its robust financial standing and growth trajectory in the custom home building sector. This latest financing round signals a pivotal moment for the family-owned business, which has been a fixture in Spokane, Washington, since 1981.

What is Parsons Construction?

Parsons Construction
ConstructionConstruction Management

Parsons Construction is a distinguished custom home builder renowned for its commitment to high-quality craftsmanship in residential and light commercial projects. Specializing in bespoke homes and renovations, the company prioritizes client collaboration, transparent pricing, and an efficient building process. Their expertise extends to energy-efficient design, holding the certification as a Passive House Builder, which highlights their dedication to sustainable and advanced construction methodologies.

How much funding has Parsons Construction raised?

Parsons Construction has raised a total of $311K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$161K

Debt (2020): $150K with participation from PPP

Debt (2021): $161K led by PPP

What's next for Parsons Construction?

With the recent influx of strategic capital, Parsons Construction is poised for accelerated expansion and enhanced service offerings. This substantial investment is expected to fuel advancements in their building technologies, potentially broaden their market reach within Washington, and further solidify their reputation for excellence. The company's focus on Certified Passive House building suggests a strategic direction towards leading the market in sustainable and energy-efficient custom homes, leveraging this financing to innovate and scale their operations.

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Frequently Asked Questions Regarding Parsons Construction Financial Insights

What are the most recent funding rounds that Parsons Construction has completed, and what were the funding rounds?
Parsons Construction has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Parsons Construction has raised to date?
Parsons Construction has raised a total of $311K in funding to date.
How many funding rounds has Parsons Construction completed?
Parsons Construction has completed 2 funding rounds.
How much funding did Parsons Construction raise in its most recent funding round?
Parsons Construction raised $161K in its most recent funding round.
Who are the lead investors in Parsons Construction's latest funding round?
The lead investor in Parsons 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 Parsons Construction's history?
The largest funding round in Parsons Construction's history was $161K.
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