How Much Did Smith Development Raise?
Funding & Key Investors

Smith Development, a commercial construction firm with over 35 years of operational history, has secured $81K in total investment, including a recent capital infusion of $81K designated for substantial expansion. This latest financing round, occurring around January 28, 2021, signifies a pivotal moment for the company as it enters a significant Series B/C stage of growth.

What is Smith Development?

Smith Development
ConstructionConstruction ManagementArchitecture, Engineering & Design

Smith Development Corporation is a well-established commercial construction company serving Stark, Summit, Carroll, and Tuscarawas counties for more than three and a half decades. Their expertise spans retail shopping centers, standalone commercial structures, and tailored tenant build-outs, complemented by comprehensive design/build services. The company has cultivated a strong reputation grounded in integrity, operational excellence, and a commitment to safety, consistently delivering projects on schedule and to exacting standards for a diverse clientele.

How much funding has Smith Development raised?

Smith Development has raised a total of $81K across 1 funding round:

2021

Debt

$81K

Debt (2021): $81K with participation from PPP

What's next for Smith Development?

The substantial expansion capital secured by Smith Development positions the company for significant growth and market penetration. This strategic investment, indicative of a Series B/C funding stage, will likely fuel the expansion of their service offerings, geographic reach, and operational capacity. The company is poised to leverage this financing to undertake larger-scale projects and further solidify its standing as a trusted name in commercial construction within its established service areas and potentially beyond.

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Frequently Asked Questions Regarding Smith Development Financial Insights

What are the most recent funding rounds that Smith Development has completed, and what were the funding rounds?
Smith Development has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Smith Development has raised to date?
Smith Development has raised a total of $81K in funding to date.
How many funding rounds has Smith Development completed?
Smith Development has completed 1 funding rounds.
How much funding did Smith Development raise in its most recent funding round?
Smith Development raised $81K in its most recent funding round.
Who are the lead investors in Smith Development's latest funding round?
The lead investor in Smith 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 Smith Development's history?
The largest funding round in Smith Development's history was $81K.
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