What is Prime Development?
Prime Development Corporation, a United States-based commercial contracting firm, specializes in tenant improvement and general contracting services. With over four decades of operational experience, the company oversees projects from inception through to completion, adeptly handling a spectrum of needs from minor office renovations to extensive ground-up construction endeavors. Notably, Prime Development operates as a 100% minority-owned business, holding certification from the Southern California Minority Supplier Development Council. Its comprehensive service offerings are accessible to clients throughout all counties in both Northern and Southern California, underscoring its broad regional reach and commitment to diverse clientele.
How much funding has Prime Development raised?
Prime Development has raised a total of $58K across 1 funding round:
Debt
$58K
Debt (2021): $58K with participation from PPP
Key Investors in Prime Development
PPP
Public-Private Partnership
What's next for Prime Development?
The recent substantial expansion capital infusion positions Prime Development for accelerated growth and enhanced operational capacity. As a company operating at a significant Series B/C stage, this funding is strategically allocated towards scaling operations, potentially expanding its service offerings, and reinforcing its market presence across California. The company's established track record and minority-owned business status provide a strong foundation for leveraging this investment to pursue larger-scale projects and solidify its competitive advantage in the commercial contracting sector.
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