What is Status Construction?
Status Construction is a diversified construction services firm offering general contracting, design-build, construction management, and project management. As a woman and minority-owned business, the company emphasizes its commitment to community development and client satisfaction, particularly evident in its post-Hurricane Harvey rebuilding efforts in Houston. 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 a current partnership with Flintco, LLC for a 2500-space parking garage. The company is also expanding its portfolio with projects like the KIPP North Gymnasium and Classroom for KIPP Texas Public Schools and infrastructure improvements for the City of Bellaire. Status Construction prides itself on assembling top industry talent and delivering innovative, cost-effective solutions while prioritizing safety and project performance.
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
What's next for Status Construction?
The recent major strategic investment signifies a pivotal moment for Status Construction, likely enabling further expansion of its operational capacity and market reach. This capital infusion is expected to fuel the company's continued growth, allowing it to undertake larger-scale projects and strengthen its partnerships within the Houston metropolitan area and beyond. The company's focus on innovation, talent retention, and its unique position as a minority-owned enterprise are key strategic advantages that this financing will likely amplify, positioning Status Construction for sustained success in the competitive construction sector.
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