What is Status Construction?
A Status Construction is a multifaceted construction firm offering general contracting, design-build, construction management, and project management services. As a woman and minority-owned business, the company emphasizes its commitment to contributing to Houston's growth and rebuilding efforts, particularly following Hurricane Harvey. Notable projects include work for the University of Houston, such as the Underground Satellite Project and the Bayou Oaks Water Intrusion Project, as well as ongoing partnerships for a University of Houston parking garage and the KIPP North Gymnasium and Classroom for KIPP Texas Public Schools. The company prides itself on its experienced team, innovative solutions, and dedication to safety and client satisfaction.
How much funding has Status Construction raised?
Status Construction has raised a total of $656K across 2 funding rounds:
Debt
$350K
Debt
$306K
Debt (2020): $350K with participation from PPP
Debt (2021): $306K led by PPP
Key Investors in Status Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round.
What's next for Status Construction?
The recent major strategic investment signals a phase of significant expansion and operational scaling for Status Construction. This capital infusion is likely to fuel further project acquisition, potentially in new geographic areas or service lines, and bolster the company's capacity to undertake larger, more complex infrastructure and development projects. The company's focus on innovation and its established track record in rebuilding efforts position it for continued growth and increased market share within the competitive construction industry.
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