How Much Did Starnes Contracting Raise?
Funding & Key Investors

Starnes Contracting has successfully secured a significant capital injection, bringing its total funding to $37K. This latest financing round, which accounts for $37K, underscores the firm's robust growth trajectory within the competitive commercial construction sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and enhance its service delivery capabilities across its nationwide footprint.

The infusion of funds marks a pivotal moment for the organization as it transitions from a regional player to a more dominant force in the national construction landscape. This strategic investment reflects investor confidence in the company's proven track record of managing complex retrofits and large-scale new construction projects for major retail partners.

What is Starnes Contracting?

Starnes Contracting
ConstructionConstruction Management

Starnes Contracting operates as a versatile, family-owned enterprise specializing in the end-to-end execution of commercial retrofits, remodels, and new construction projects. With a portfolio exceeding 100 completed projects, the firm has established a reputation for operational excellence, maintaining strict adherence to budgetary constraints and project timelines. Their market position is bolstered by long-standing relationships with industry giants such as Lowes and Home Depot, demonstrating their capacity to handle high-volume, high-stakes infrastructure requirements.

The company distinguishes itself through a multidisciplinary approach, offering creative engineering and architectural solutions for complex site challenges. By serving diverse sectors—ranging from residential developments to specialized retail environments—Starnes Contracting maintains a resilient business model capable of navigating the cyclical nature of the construction industry while ensuring consistent quality and client satisfaction.

How much funding has Starnes Contracting raised?

Starnes Contracting has raised a total of $37K across 1 funding round:

2021

Debt

$37K

Debt (2021): $37K with participation from PPP

Key Investors in Starnes Contracting

PPP

Public-Private Partnership

What's next for Starnes Contracting?

With the recent influx of capital, Starnes Contracting is poised to accelerate its strategic expansion initiatives. The firm is expected to focus on increasing its operational capacity, potentially through the acquisition of advanced construction technology and the scaling of its project management teams to support a larger volume of nationwide contracts. This phase of growth will likely involve optimizing supply chain logistics and deepening its penetration into the specialty construction market.

Furthermore, the company is positioned to leverage its strengthened balance sheet to pursue larger, more complex infrastructure projects that require significant upfront capital and technical expertise. As the firm continues to scale, the focus will remain on maintaining the high standards of service that have defined its reputation, while simultaneously exploring new opportunities for market diversification and long-term value creation for its stakeholders.

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Frequently Asked Questions Regarding Starnes Contracting Financial Insights

What are the most recent funding rounds that Starnes Contracting has completed, and what were the funding rounds?
Starnes Contracting has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Starnes Contracting has raised to date?
Starnes Contracting has raised a total of $37K in funding to date.
How many funding rounds has Starnes Contracting completed?
Starnes Contracting has completed 1 funding rounds.
How much funding did Starnes Contracting raise in its most recent funding round?
Starnes Contracting raised $37K in its most recent funding round.
Who are the lead investors in Starnes Contracting's latest funding round?
The lead investor in Starnes Contracting'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 Starnes Contracting's history?
The largest funding round in Starnes Contracting's history was $37K.
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