How Much Did Spencer Development Raise?
Funding & Key Investors

Spencer Development, a full-service contractor focused on new home construction, renovations, and additions in South Carolina and Georgia, has secured $17K in total investment. The company recently received $17K in moderate growth capital, indicating a strategic phase for expansion and operational enhancement. This financing round is crucial for the company as it navigates its Series A/B growth stage.

What is Spencer Development?

Spencer Development
ConstructionConstruction Management

Spencer Development specializes in creating lasting homes tailored to clients' lifestyles, combining building experience, design knowledge, and expert craftsmanship. Founded by David Spencer, the company is committed to quality and energy-efficient building practices. They aim to provide a gratifying building experience by working closely with homeowners and leveraging a network of reputable suppliers and professional craftsmen to deliver distinctive projects.

How much funding has Spencer Development raised?

Spencer Development has raised a total of $17K across 1 funding round:

2021

Debt

$17K

Debt (2021): $17K with participation from PPP

Key Investors in Spencer Development

PPP

Public-Private Partnership

What's next for Spencer Development?

With the recent infusion of moderate growth capital, Spencer Development is poised to accelerate its expansion within its established markets in South Carolina and Georgia. The Series A/B growth stage funding suggests a strategic focus on scaling operations, potentially increasing project capacity, and further enhancing its commitment to energy-efficient building practices. This investment will likely support the company's objective of providing a superior building experience and solidifying its reputation for superior workmanship in new home construction, renovations, and additions.

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Frequently Asked Questions Regarding Spencer Development Financial Insights

What are the most recent funding rounds that Spencer Development has completed, and what were the funding rounds?
Spencer Development has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Spencer Development has raised to date?
Spencer Development has raised a total of $17K in funding to date.
How many funding rounds has Spencer Development completed?
Spencer Development has completed 1 funding rounds.
How much funding did Spencer Development raise in its most recent funding round?
Spencer Development raised $17K in its most recent funding round.
Who are the lead investors in Spencer Development's latest funding round?
The lead investor in Spencer 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 Spencer Development's history?
The largest funding round in Spencer Development's history was $17K.
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