How Much Did Select Modular Homes Raise?
Funding & Key Investors

Select Modular Homes has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding accumulation of $87K, the firm is well-positioned to scale its manufacturing capabilities. This latest financing round, totaling $87K, serves as substantial expansion capital intended to bolster the company's market presence within the competitive residential construction sector.

The infusion of resources underscores investor confidence in the modular housing model, which continues to gain traction as a viable solution to modern housing shortages. By leveraging this financial backing, Select Modular Homes aims to optimize its production workflows and expand its footprint in the regional housing market.

What is Select Modular Homes?

Select Modular Homes
ManufacturingBuilding MaterialsConstruction Management

Based in Wildwood, New Jersey, Select Modular Homes operates as a family-owned enterprise with over three decades of expertise in the modular construction industry. The company distinguishes itself through a diverse portfolio of customizable residential offerings, ranging from ranch-style layouts to complex multi-family developments. By integrating virtual design tools and comprehensive floor plan resources, the firm provides a streamlined, end-to-end experience for homeowners seeking high-quality, cost-effective, and move-in-ready housing solutions. Their market position is defined by a commitment to precision engineering and customer-centric design, effectively bridging the gap between traditional construction timelines and modern efficiency requirements.

How much funding has Select Modular Homes raised?

Select Modular Homes has raised a total of $87K across 1 funding round:

2021

Debt

$87K

Debt (2021): $87K with participation from PPP

Key Investors in Select Modular Homes

PPP

Public-Private Partnership

What's next for Select Modular Homes?

Looking ahead, the strategic deployment of this capital will likely focus on scaling production capacity to meet the rising demand for affordable, high-quality residential units. As the company transitions through this growth phase, management is expected to prioritize technological integration within their manufacturing processes to further reduce lead times and enhance structural customization. The focus remains on maintaining the family-owned ethos while scaling operations to capture a larger share of the modular housing market. Future initiatives will likely involve expanding their service radius and potentially diversifying their product line to include more sustainable, energy-efficient home models, ensuring long-term viability in an evolving real estate landscape.

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Frequently Asked Questions Regarding Select Modular Homes Financial Insights

What are the most recent funding rounds that Select Modular Homes has completed, and what were the funding rounds?
Select Modular Homes has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Select Modular Homes has raised to date?
Select Modular Homes has raised a total of $87K in funding to date.
How many funding rounds has Select Modular Homes completed?
Select Modular Homes has completed 1 funding rounds.
How much funding did Select Modular Homes raise in its most recent funding round?
Select Modular Homes raised $87K in its most recent funding round.
Who are the lead investors in Select Modular Homes's latest funding round?
The lead investor in Select Modular Homes'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 Select Modular Homes's history?
The largest funding round in Select Modular Homes's history was $87K.
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