What is Phoenix?
Phoenix Corporation of the Quad Cities, established in 1988, is a family-owned heavy highway subcontractor based in Port Byron, IL. The company specializes in excavation, demolition, grading, and asphalt and concrete work. Recognized for its commitment to quality and reliability, Phoenix has a proven track record with major infrastructure projects, including the Savanna-Sabula Bridge and the I-74 Bridge corridor. As a certified woman-owned business, Phoenix is prequalified by the Illinois and Iowa Departments of Transportation, serving clients across both states and demonstrating its robust capabilities in the infrastructure development market.
How much funding has Phoenix raised?
Phoenix has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Phoenix?
With the recent influx of capital, Phoenix is poised to enhance its operational capacity and potentially expand its service offerings or geographic footprint. The company's strategic investment, particularly in the context of large-scale late-stage funding, suggests a focus on scaling operations, acquiring new equipment, or undertaking larger, more complex projects. This financial infusion will likely enable Phoenix to further solidify its position as a leading heavy highway subcontractor in the region, capitalizing on its established reputation and expertise in delivering critical infrastructure solutions.
See full Phoenix company page
