What is Recon Solutions?
Established in 2005 and headquartered in Carol Stream, Illinois, Recon Solutions operates as a full-service general contracting company with a specialized focus on restoration services for fire, water, and wind damage. The company collaborates closely with insurance providers to streamline the repair process for its clientele. Its strategic location, approximately 30 miles west of Chicago, facilitates efficient service delivery to the metropolitan area. Recon Solutions' expertise lies in managing the entire restoration lifecycle, ensuring a coordinated approach for clients experiencing property damage.
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
PPP
Public-Private Partnership
What's next for Recon Solutions?
The substantial capital infusion, particularly the recent strategic investment, positions Recon Solutions for significant growth and operational expansion. As a company operating in the large-scale, late-stage funding environment, this backing is likely to fuel advancements in service capabilities, technology adoption for restoration processes, and potentially geographic market penetration. The focus on collaboration with insurance providers suggests a continued emphasis on operational efficiency and client satisfaction, aiming to solidify its market leadership in disaster recovery and property restoration.
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