How Much Did Rickabaugh Pentecost Development Raise?
Funding & Key Investors

Rickabaugh Pentecost Development (RPD) has solidified its market position through a significant capital injection, bringing its total funding to $1M. This recent strategic investment of $1M underscores the firm's commitment to scaling its heavy civil construction operations across the Pacific Northwest. By leveraging this financial backing, the company aims to bolster its infrastructure capabilities and expand its footprint beyond its Puyallup, Washington headquarters into the Eastern Washington region.

The infusion of capital serves as a critical milestone for the organization, which has maintained a consistent growth trajectory since its inception in 2002. As the construction sector faces increasing demand for high-quality civil engineering, RPD is strategically positioned to capitalize on its nearly 25 years of operational expertise.

What is Rickabaugh Pentecost Development?

Rickabaugh Pentecost Development
ConstructionCivil Engineering Construction

Founded in 2002, Rickabaugh Pentecost Development operates as a premier heavy civil construction contractor. The firm distinguishes itself through a unique 'Investing in People' philosophy, which prioritizes the professional development and long-term well-being of its workforce. This human-centric approach has become a cornerstone of their operational excellence, allowing them to deliver complex civil engineering projects with high precision and reliability. RPD serves a diverse portfolio of clients, ranging from public sector infrastructure projects to private commercial developments, consistently demonstrating technical proficiency in heavy civil contracting.

How much funding has Rickabaugh Pentecost Development raised?

Rickabaugh Pentecost Development has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Rickabaugh Pentecost Development

PPP

Public-Private Partnership

What's next for Rickabaugh Pentecost Development?

Looking ahead, the recent strategic investment will likely be deployed to enhance RPD's equipment fleet and expand its workforce capacity to meet the growing demands of the Eastern Washington market. By focusing on operational scalability and maintaining its reputation for quality, the company is well-positioned to secure larger, more complex infrastructure contracts. The management team is expected to continue prioritizing workforce retention and training, ensuring that their internal culture remains a competitive advantage in a tight labor market. As the firm matures, this capital will facilitate the transition toward more advanced project management technologies and sustainable construction practices, further cementing its status as a leader in the regional civil engineering landscape.

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Frequently Asked Questions Regarding Rickabaugh Pentecost Development Financial Insights

What are the most recent funding rounds that Rickabaugh Pentecost Development has completed, and what were the funding rounds?
Rickabaugh Pentecost Development has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Rickabaugh Pentecost Development has raised to date?
Rickabaugh Pentecost Development has raised a total of $1M in funding to date.
How many funding rounds has Rickabaugh Pentecost Development completed?
Rickabaugh Pentecost Development has completed 1 funding rounds.
How much funding did Rickabaugh Pentecost Development raise in its most recent funding round?
Rickabaugh Pentecost Development raised $1M in its most recent funding round.
Who are the lead investors in Rickabaugh Pentecost Development's latest funding round?
The lead investor in Rickabaugh Pentecost Development'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 Rickabaugh Pentecost Development's history?
The largest funding round in Rickabaugh Pentecost Development's history was $1M.
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