What is Recon Solutions?
Established in 2005 and headquartered in Carol Stream, Illinois, Recon Solutions operates as a specialized general contracting firm focused on the restoration of properties impacted by fire, water, and wind damage. The company distinguishes itself through a collaborative business model that integrates directly with insurance providers, streamlining the claims and repair process for policyholders. With a strategic geographic footprint located 30 miles west of Chicago, the firm maintains a high-efficiency service model that addresses the critical needs of the regional property market. Their professional team manages the end-to-end restoration lifecycle, ensuring that complex damage mitigation is handled with technical precision and regulatory compliance.
How much funding has Recon Solutions raised?
Recon Solutions has raised a total of $360K across 2 funding rounds:
Debt
$150K
Debt
$210K
Debt (2020): $150K with participation from PPP
Debt (2021): $210K led by PPP
Key Investors in Recon Solutions
PPP
Public-Private Partnership
What's next for Recon Solutions?
With the successful closure of this late-stage financing, Recon Solutions is poised to scale its operational infrastructure to meet increasing demand for disaster recovery and property restoration services. The strategic allocation of this capital will likely focus on expanding the firm's technical workforce, upgrading restoration equipment, and deepening existing partnerships with major insurance carriers. As the company moves into its next phase of growth, the focus will remain on optimizing service delivery timelines and maintaining the high standards of quality that have defined its reputation in the Illinois construction sector. This financial backing provides the necessary runway to explore further market penetration and potential service diversification within the broader property damage mitigation industry.
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