How Much Did Progressive Plastering Raise?
Funding & Key Investors

Progressive Plastering has secured $34K in total financing, with a recent capital injection of $34K designated for substantial expansion. This funding round, occurring at a significant Series B/C stage, underscores the company's growth trajectory and market position in the construction services sector.

The company's latest financial maneuver, dated March 17, 2021, involved a debt financing of $34 million. This strategic infusion of capital is intended to fuel Progressive Plastering's operational scaling and market penetration efforts.

What is Progressive Plastering?

Progressive Plastering
ConstructionConstruction Management

Progressive Plastering is a family-operated stucco and plastering firm based in Deerfield Beach, Florida, with a specialization in comprehensive stucco services, including installation, finishing, and repairs. Since its inception in 1992, the company has established a strong presence serving both residential and commercial clientele throughout South Florida, encompassing Dade, Broward, and Palm Beach Counties. Renowned for meticulous attention to detail and superior workmanship, Progressive Plastering undertakes projects of varying scales, from bespoke residential constructions to extensive commercial developments. Their service portfolio also extends to architectural trim and essential waterproofing solutions, positioning them as a versatile provider in the building and renovation industry.

How much funding has Progressive Plastering raised?

Progressive Plastering has raised a total of $34K across 1 funding round:

2021

Debt

$34K

Debt (2021): $34K with participation from PPP

What's next for Progressive Plastering?

With the recent substantial expansion capital, Progressive Plastering is poised for accelerated growth. The significant Series B/C stage funding suggests a strategic focus on scaling operations, potentially through increased service capacity, geographic expansion within South Florida, or investment in advanced plastering technologies. This capital infusion is expected to enhance their ability to manage larger projects and solidify their competitive advantage in a dynamic construction market. The company's established reputation for quality and detail, combined with this financial backing, positions them for continued success and market leadership.

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Frequently Asked Questions Regarding Progressive Plastering Financial Insights

What are the most recent funding rounds that Progressive Plastering has completed, and what were the funding rounds?
Progressive Plastering has recently completed 1 funding rounds: Debt on Mar 17, 2021.
What is the total amount of funding Progressive Plastering has raised to date?
Progressive Plastering has raised a total of $34K in funding to date.
How many funding rounds has Progressive Plastering completed?
Progressive Plastering has completed 1 funding rounds.
How much funding did Progressive Plastering raise in its most recent funding round?
Progressive Plastering raised $34K in its most recent funding round.
Who are the lead investors in Progressive Plastering's latest funding round?
The lead investor in Progressive Plastering'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 Plastering's history?
The largest funding round in Progressive Plastering's history was $34K.
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