How Much Did Southern Development Homes Raise?
Funding & Key Investors

Southern Development Homes has secured $350K in total capital, with a recent strategic investment of $350K announced on April 6, 2020. This significant backing positions the company for its next phase of growth in the competitive homebuilding sector.

What is Southern Development Homes?

Southern Development Homes
ConstructionConstruction Management

Southern Development Homes is a well-established builder based in Charlottesville, Virginia, with a legacy spanning over 25 years. The company specializes in creating quality, sustainable homes and fostering strong community relationships, having successfully built residences for more than 1,400 local families. Their commitment is rooted in core values of hard work, dependability, accountability, and respect. Southern Development Homes offers a diverse portfolio of communities, including townhomes and single-family homes, complemented by a personalized design experience at their dedicated Design Center. They guide clients through every step of the home-building journey, ensuring a smooth transition into their new residences.

How much funding has Southern Development Homes raised?

Southern Development Homes has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Southern Development Homes

PPP

Public-Private Partnership

What's next for Southern Development Homes?

The recent major strategic investment signifies a pivotal moment for Southern Development Homes, indicating confidence from its backers in the company's established market position and future potential. As a large-scale, late-stage funding recipient, the company is likely poised to expand its development pipeline, enhance its construction capabilities, and potentially explore new markets or innovative building technologies. This capital infusion will be crucial for scaling operations, solidifying its reputation for quality and sustainability, and continuing its mission to build homes and communities.

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Frequently Asked Questions Regarding Southern Development Homes Financial Insights

What are the most recent funding rounds that Southern Development Homes has completed, and what were the funding rounds?
Southern Development Homes has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Southern Development Homes has raised to date?
Southern Development Homes has raised a total of $350K in funding to date.
How many funding rounds has Southern Development Homes completed?
Southern Development Homes has completed 1 funding rounds.
How much funding did Southern Development Homes raise in its most recent funding round?
Southern Development Homes raised $350K in its most recent funding round.
Who are the lead investors in Southern Development Homes's latest funding round?
The lead investor in Southern Development 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 Southern Development Homes's history?
The largest funding round in Southern Development Homes's history was $350K.
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