What is Pinnacle Development?
Pinnacle Development, Inc., established in 1989, is a seasoned general contracting and construction management firm with a comprehensive portfolio of commercial, residential, and institutional projects. The company prides itself on delivering high-quality products through an open-book cost approach, ensuring client satisfaction and fostering repeat business primarily through referrals. President Daniel M. Damato's extensive experience, including contributions to the revival of Chicago's Printers Row through high-rise rehabilitations, highlights the company's deep roots and expertise in complex urban development and restoration.
How much funding has Pinnacle Development raised?
Pinnacle Development has raised a total of $2.7M across 2 funding rounds:
Debt
$1M
Debt
$1.7M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.7M led by PPP
What's next for Pinnacle Development?
The recent major strategic investment signals a pivotal moment for Pinnacle Development, likely enabling the company to expand its operational capacity, pursue larger-scale projects, and potentially explore new market segments. This infusion of capital is expected to fuel further growth and solidify its position as a leader in the construction and development industry, building upon its decades of successful project delivery and client trust.
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