What is Samsson Construction?
Founded in 1982 by J. Richard Matassa, Samsson Construction began as a specialized stilt home builder and remodeler. By 1992, the company broadened its scope to include new home construction in Western Hernando & Pasco counties and initiated small commercial projects, multifamily buildings, and larger coastal home constructions. Under the current leadership of Richard J. Matassa, P.E., Samsson Construction, Inc. has strategically evolved its focus to primarily encompass commercial, industrial, multifamily, and municipal construction projects. The company emphasizes engineering design excellence, aiming to redefine the standards of a "Construction Professional."
How much funding has Samsson Construction raised?
Samsson Construction has raised a total of $79K across 1 funding round:
Debt
$79K
Debt (2021): $79K with participation from PPP
Key Investors in Samsson Construction
PPP
Public-Private Partnership
What's next for Samsson Construction?
The substantial expansion capital received by Samsson Construction, particularly within its significant Series B/C stage, indicates a strong trajectory for growth and market penetration. This financing is expected to fuel further development in its core areas of commercial, industrial, multifamily, and municipal construction. Strategic investments will likely target enhancing operational capacity, expanding geographic reach, and potentially adopting new construction technologies to maintain its competitive edge and engineering-focused approach.
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