How Much Did SPE Raise?
Funding & Key Investors

SPE, a provider of steel, precast, and tower crane erection services, has secured $2M in total capital. The company recently announced a $2M strategic investment, underscoring its significant enterprise-level funding trajectory. This latest financing round, dated April 5, 2020, marks a pivotal moment for the Wisconsin-based firm.

What is SPE?

SPE
ConstructionConstruction Management

Established in 1995, SPE Inc. specializes in delivering comprehensive erection services for steel, precast concrete, and tower cranes to general contractors across Wisconsin, Iowa, and the Upper Peninsula. The company's operational scope encompasses projects ranging from minor undertakings to substantial arenas, consistently prioritizing on-time and within-budget completion, with an unwavering commitment to safety protocols. Their service portfolio also includes reinforcing steel installation, precast concrete installation, rigging and machinery setting, and ornamental iron installation. SPE Inc. holds AISC Certification for its erection services and has been re-certified as a women's business enterprise by the Women's Business Enterprise National Council, highlighting its established credentials and market presence in the construction sector.

How much funding has SPE raised?

SPE has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for SPE?

The substantial enterprise-level funding and recent strategic investment indicate SPE Inc.'s readiness for significant expansion and operational enhancement. This capital infusion is expected to fuel advancements in service capabilities, potentially broadening market reach and reinforcing its competitive position within the construction industry. The company's focus on safety and certified expertise, coupled with its status as a women's business enterprise, positions it favorably for future growth and strategic partnerships.

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Frequently Asked Questions Regarding SPE Financial Insights

What are the most recent funding rounds that SPE has completed, and what were the funding rounds?
SPE has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding SPE has raised to date?
SPE has raised a total of $2M in funding to date.
How many funding rounds has SPE completed?
SPE has completed 1 funding rounds.
How much funding did SPE raise in its most recent funding round?
SPE raised $2M in its most recent funding round.
Who are the lead investors in SPE's latest funding round?
The lead investor in SPE'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 SPE's history?
The largest funding round in SPE's history was $2M.
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