How Much Did Rencor Raise?
Funding & Key Investors

Rencor, a prominent heavy construction firm based in New Jersey, has secured $1.2M in total capital, with its most recent financing round bringing in $821K through a major strategic investment. This enterprise-level funding underscores the company's established presence and ongoing development within the critical infrastructure sector.

What is Rencor?

Rencor
ConstructionCivil Engineering Construction

Founded in 1992 by brothers Ernest and Michael Renda, Rencor Inc. operates as a full-service heavy construction company serving both public and private clients across New Jersey. The firm's expertise spans bridge replacement, sheeting and piling, pump stations, flood control systems, and waterfront park improvements. With a portfolio of over 100 completed projects, Rencor has built a reputation for delivering high-quality, cost-effective infrastructure solutions and fostering strong client relationships.

How much funding has Rencor raised?

Rencor has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$821K

Debt (2020): $350K with participation from PPP

Debt (2021): $821K led by PPP

Key Investors in Rencor

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Rencor?

The recent major strategic investment signals Rencor's continued growth trajectory and its capacity to undertake significant infrastructure projects. This infusion of capital is expected to bolster the company's operational capabilities, potentially enabling expansion into larger-scale public works and private developments. Rencor's focus on essential services like flood control and water infrastructure positions it favorably for future demand driven by environmental and urban development needs.

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Frequently Asked Questions Regarding Rencor Financial Insights

What are the most recent funding rounds that Rencor has completed, and what were the funding rounds?
Rencor has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Rencor has raised to date?
Rencor has raised a total of $1.2M in funding to date.
How many funding rounds has Rencor completed?
Rencor has completed 2 funding rounds.
How much funding did Rencor raise in its most recent funding round?
Rencor raised $821K in its most recent funding round.
Who are the lead investors in Rencor's latest funding round?
The lead investor in Rencor'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 Rencor's history?
The largest funding round in Rencor's history was $821K.
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