How Much Did Picone Construction Raise?
Funding & Key Investors

Picone Construction has secured $1.4M in total capital, with its most recent financing round bringing in $372K through a major strategic investment. This significant backing underscores the company's established presence and its ongoing strategic initiatives within the commercial construction sector.

What is Picone Construction?

Picone Construction
ConstructionConstruction Management

Picone Construction, a long-standing entity in the Buffalo commercial construction landscape since its establishment in 1931, specializes in a comprehensive suite of services. These range from intricate design-build projects to extensive renovations, catering to a diverse clientele that includes financial institutions, educational establishments, and healthcare facilities. The company has cultivated a strong reputation grounded in its unwavering commitment to quality, operational efficiency, and exceptional customer service, consistently delivering projects within stipulated timelines and budgets. Furthermore, Picone Construction actively integrates sustainable construction methodologies, aiming to foster positive environmental and community impacts.

How much funding has Picone Construction raised?

Picone Construction has raised a total of $1.4M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$372K

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

Debt (2021): $372K led by PPP

What's next for Picone Construction?

The recent major strategic investment signals a pivotal phase for Picone Construction, likely aimed at accelerating its growth trajectory and expanding its market reach. This capital infusion is expected to bolster its capacity for undertaking larger-scale enterprise projects and potentially enhance its technological adoption in construction management and sustainable building practices. The company's historical success and focus on client satisfaction position it well to leverage this new financing for continued expansion and market leadership.

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Frequently Asked Questions Regarding Picone Construction Financial Insights

What are the most recent funding rounds that Picone Construction has completed, and what were the funding rounds?
Picone Construction has recently completed 2 funding rounds: Debt on Mar 25, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Picone Construction has raised to date?
Picone Construction has raised a total of $1.4M in funding to date.
How many funding rounds has Picone Construction completed?
Picone Construction has completed 2 funding rounds.
How much funding did Picone Construction raise in its most recent funding round?
Picone Construction raised $372K in its most recent funding round.
Who are the lead investors in Picone Construction's latest funding round?
The lead investor in Picone 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 Picone Construction's history?
The largest funding round in Picone Construction's history was $1M.
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