What is Reddico Construction?
Reddico Construction Co Inc operates within the Commercial & Residential Construction industry. Headquartered in Orange, Texas, the company employs between 50 to 99 individuals and generates revenue in the range of $10 million to $25 million. Its operational scope suggests a robust capacity for handling diverse construction projects, from residential developments to commercial infrastructure.
How much funding has Reddico Construction raised?
Reddico Construction has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$820K
Debt (2020): $350K with participation from PPP
Debt (2021): $820K led by PPP
What's next for Reddico Construction?
The recent major strategic investment indicates a pivotal growth phase for Reddico Construction. This capital infusion is likely earmarked for expanding operational capacity, enhancing technological adoption in construction processes, or potentially entering new geographic markets. The company's focus on enterprise-level funding signals a strategic intent to scale its business and solidify its market position, aiming for sustained development and increased project acquisition.
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