How Much Did Progressive Builders Raise?
Funding & Key Investors

Progressive Builders, a long-standing general contracting firm, has secured a significant strategic investment, underscoring its established presence in the commercial and light industrial construction sectors. This latest capital infusion, with a recent funding amount of $350K, contributes to the company's overall funding of $350K. The context of this large-scale late-stage funding suggests a focus on continued expansion and operational enhancement for the company, which has been a family-owned and operated business for over 50 years.

What is Progressive Builders?

Progressive Builders
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Founded in 1965, Progressive Builders, Inc. specializes in comprehensive general contracting services for commercial and light industrial clients. Initially serving the petroleum retail market, constructing service stations for major oil companies across the southeastern United States, the company has adeptly evolved with market demands. It has expanded its client base to include prominent food service brands like Burger King, Pizza Hut, and Subway, and now caters to independent gasoline marketers requiring full-service, turnkey design-build solutions. These services encompass site layout, conceptual design, professional selection, equipment sourcing, bid analysis, and construction management. The company prides itself on quality, customer care, and integrity, operating with a third generation now at the helm.

How much funding has Progressive Builders raised?

Progressive Builders has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Progressive Builders?

With the recent strategic investment and its position within large-scale late-stage funding, Progressive Builders is poised for continued growth and operational refinement. The company's long history of adaptation, from serving oil companies to adapting to retail food services and now offering comprehensive turnkey solutions, indicates a strong capacity for strategic development. This capital will likely support further expansion of its service offerings, potential technological integration in project management, and reinforcement of its market leadership in commercial and light industrial construction. The focus on quality and integrity, hallmarks of its 50+ year legacy, will remain central as it navigates future opportunities.

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Frequently Asked Questions Regarding Progressive Builders Financial Insights

What are the most recent funding rounds that Progressive Builders has completed, and what were the funding rounds?
Progressive Builders has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Progressive Builders has raised to date?
Progressive Builders has raised a total of $350K in funding to date.
How many funding rounds has Progressive Builders completed?
Progressive Builders has completed 1 funding rounds.
How much funding did Progressive Builders raise in its most recent funding round?
Progressive Builders raised $350K in its most recent funding round.
Who are the lead investors in Progressive Builders's latest funding round?
The lead investor in Progressive Builders'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 Progressive Builders's history?
The largest funding round in Progressive Builders's history was $350K.
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