How Much Did Scordio Construction Raise?
Funding & Key Investors

Scordio Construction has solidified its financial foundation through a series of strategic capital injections, culminating in a total funding amount of $970K. The firm recently secured a major strategic investment of $620K, marking a significant milestone in its operational trajectory. This infusion of capital underscores the company's robust standing within the competitive New York City residential construction sector, providing the necessary liquidity to sustain its high-end project pipeline and long-term development goals.

The chronological progression of the firm's financing, starting with initial debt instruments in 2020 and expanding through 2021, reflects a disciplined approach to leveraging capital for growth. By securing these funds, Scordio Construction is well-positioned to navigate the complexities of the current market while maintaining its reputation for delivering exceptional properties to an elite clientele.

What is Scordio Construction?

Scordio Construction
ConstructionConstruction Management

Based in Brooklyn, New York, Scordio Construction operates as a premier residential contractor with a legacy spanning over 35 years. The firm specializes in the creation of high-end properties, offering a comprehensive suite of services that includes new construction, custom renovations, professional project management, and meticulous historic restorations. By fostering deep-rooted relationships with leading architects and designers, the company ensures that every project meets the highest standards of craftsmanship and aesthetic precision.

The company's market position is defined by its ability to transform complex client visions into timeless architectural masterpieces. As a staple of the New York City luxury construction market, Scordio Construction leverages its extensive experience to manage the logistical challenges of urban development, ensuring timely delivery and structural integrity for its discerning customer base.

How much funding has Scordio Construction raised?

Scordio Construction has raised a total of $970K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$620K

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

Debt (2021): $620K led by PPP

Key Investors in Scordio Construction

PPP

Public-Private Partnership

What's next for Scordio Construction?

With the recent influx of capital, Scordio Construction is poised to scale its operations and enhance its service delivery capabilities. The strategic focus will likely shift toward optimizing project management workflows and expanding its portfolio of historic restoration projects, which require specialized expertise and significant resource allocation. By utilizing this recent financing, the firm aims to strengthen its competitive advantage, potentially exploring new technological integrations in construction management to further streamline its high-end residential offerings.

Looking ahead, the company is expected to leverage its established reputation to secure larger-scale contracts, further cementing its influence in the NYC market. The ongoing commitment to quality and client-centric service remains the cornerstone of its growth strategy, ensuring that the firm continues to attract elite projects while maintaining the operational excellence that has defined its 35-year history.

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Frequently Asked Questions Regarding Scordio Construction Financial Insights

What are the most recent funding rounds that Scordio Construction has completed, and what were the funding rounds?
Scordio Construction has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Scordio Construction has raised to date?
Scordio Construction has raised a total of $970K in funding to date.
How many funding rounds has Scordio Construction completed?
Scordio Construction has completed 2 funding rounds.
How much funding did Scordio Construction raise in its most recent funding round?
Scordio Construction raised $620K in its most recent funding round.
Who are the lead investors in Scordio Construction's latest funding round?
The lead investor in Scordio Construction'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 Scordio Construction's history?
The largest funding round in Scordio Construction's history was $620K.
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