How Much Did Smithson Raise?
Funding & Key Investors

Smithson, a prominent commercial design-build firm, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established position in the market. This recent financing round, dated April 9, 2020, highlights a period of substantial backing for the North Carolina-based construction specialist.

What is Smithson?

Smithson
ConstructionConstruction ManagementArchitecture, Engineering & Design

Smithson operates as a comprehensive design-build entity, focusing on industrial, commercial, cold storage, and retail construction projects. The firm distinguishes itself through an integrated, single-team approach, bringing together architects, engineers, and project managers to optimize project delivery. With a strong foundation built since 1979, Smithson boasts over 75% of its business derived from repeat clients, a testament to its successful project execution across numerous domestic and international sites. This collaborative model is designed to enhance efficiency, reduce costs, and ensure client satisfaction.

How much funding has Smithson raised?

Smithson has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Smithson?

The substantial backing, characterized as large-scale late-stage funding and a major strategic investment, positions Smithson for continued expansion and operational enhancement. This infusion of capital is likely to fuel further development of its integrated design-build services, potentially enabling the company to undertake larger, more complex projects and solidify its market leadership. The firm's proven track record with repeat clients suggests a strategic deployment of these resources to reinforce existing relationships and pursue new growth avenues within the commercial construction sector.

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Frequently Asked Questions Regarding Smithson Financial Insights

What are the most recent funding rounds that Smithson has completed, and what were the funding rounds?
Smithson has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Smithson has raised to date?
Smithson has raised a total of $350K in funding to date.
How many funding rounds has Smithson completed?
Smithson has completed 1 funding rounds.
How much funding did Smithson raise in its most recent funding round?
Smithson raised $350K in its most recent funding round.
Who are the lead investors in Smithson's latest funding round?
The lead investor in Smithson'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 Smithson's history?
The largest funding round in Smithson's history was $350K.
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