How Much Did Spec 7 Group Raise?
Funding & Key Investors

Spec 7 Group has secured $718K in total enterprise-level funding, with its most recent capital infusion of $368K categorized as a major strategic investment. This recent financing round, which closed on February 19, 2021, underscores the company's significant traction and growth trajectory within its specialized sector.

What is Spec 7 Group?

Spec 7 Group
ConstructionConstruction Management

Spec 7 Group, LLC is a woman-owned, union contractor renowned for its expertise in waterproofing, air/vapor barriers, traffic coating, and concrete repair and raising services. The company addresses critical issues such as erosion, structural disrepair, mold growth, and safety hazards like trip hazards. Leveraging over a century of collective experience and a portfolio exceeding 2500 completed projects, Spec 7 Group is committed to delivering high-quality, environmentally responsible solutions for commercial property owners seeking reliable infrastructure maintenance and enhancement.

How much funding has Spec 7 Group raised?

Spec 7 Group has raised a total of $718K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$368K

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

Debt (2021): $368K led by PPP

Key Investors in Spec 7 Group

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Spec 7 Group?

The substantial enterprise-level funding indicates Spec 7 Group is poised for significant scaling and operational expansion. This strategic investment will likely fuel advancements in service delivery, potentially enabling the company to broaden its geographic reach or invest in new technologies for concrete repair and waterproofing. The focus on environmental responsibility suggests a continued commitment to sustainable practices as the company grows, reinforcing its market position as a leader in specialized construction services.

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Frequently Asked Questions Regarding Spec 7 Group Financial Insights

What are the most recent funding rounds that Spec 7 Group has completed, and what were the funding rounds?
Spec 7 Group has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Spec 7 Group has raised to date?
Spec 7 Group has raised a total of $718K in funding to date.
How many funding rounds has Spec 7 Group completed?
Spec 7 Group has completed 2 funding rounds.
How much funding did Spec 7 Group raise in its most recent funding round?
Spec 7 Group raised $368K in its most recent funding round.
Who are the lead investors in Spec 7 Group's latest funding round?
The lead investor in Spec 7 Group'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 Spec 7 Group's history?
The largest funding round in Spec 7 Group's history was $368K.
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