How Much Did Progressive Construction Services Raise?
Funding & Key Investors

Progressive Construction Services has solidified its market position through a series of strategic capital injections, culminating in a total funding accumulation of $309K. The firm recently secured a major strategic investment of $159K, marking a pivotal moment in its growth trajectory as it scales operations within the specialized healthcare construction sector. This influx of financing underscores the company's operational resilience and its capacity to manage complex, high-stakes infrastructure projects.

What is Progressive Construction Services?

Progressive Construction Services
ConstructionConstruction Management

Progressive Construction Services, LLC operates as a certified Service Disabled Veteran Owned Small Business (SDVOSB), distinguishing itself through a robust portfolio of construction management and prime contracting services. The organization maintains a specialized focus on the development of healthcare facilities, encompassing both inpatient and outpatient environments. By leveraging deep expertise in Federal, State, and commercial development, the company has successfully managed over $400 million in healthcare-related construction projects. Their business model emphasizes high-quality delivery and collaborative project management, positioning them as a critical player in the niche market of government-contracted medical infrastructure.

How much funding has Progressive Construction Services raised?

Progressive Construction Services has raised a total of $309K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$159K

Debt (2020): $150K with participation from PPP

Debt (2021): $159K led by PPP

Key Investors in Progressive Construction Services

PPP

Public-Private Partnership

What's next for Progressive Construction Services?

With the recent capital infusion, Progressive Construction Services is well-positioned to expand its footprint in the competitive landscape of healthcare infrastructure. The strategic deployment of these funds will likely focus on enhancing operational capacity to meet the rigorous demands of Federal and State contracting. As the firm continues to leverage its SDVOSB status, the focus will shift toward scaling its project management capabilities and pursuing larger, more complex facility developments. This growth phase is expected to solidify the company's reputation as a premier contractor capable of navigating the intersection of public sector requirements and specialized medical facility construction.

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Frequently Asked Questions Regarding Progressive Construction Services Financial Insights

What are the most recent funding rounds that Progressive Construction Services has completed, and what were the funding rounds?
Progressive Construction Services has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Progressive Construction Services has raised to date?
Progressive Construction Services has raised a total of $309K in funding to date.
How many funding rounds has Progressive Construction Services completed?
Progressive Construction Services has completed 2 funding rounds.
How much funding did Progressive Construction Services raise in its most recent funding round?
Progressive Construction Services raised $159K in its most recent funding round.
Who are the lead investors in Progressive Construction Services's latest funding round?
The lead investor in Progressive Construction Services'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 Construction Services's history?
The largest funding round in Progressive Construction Services's history was $159K.
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