What is Steps Plus?
Founded in 1967 and based in Syracuse, NY, Steps Plus, Inc. has built a robust reputation in the precast concrete industry. The company operates through three distinct divisions: Residential, Architectural, and Construction Products. The Residential Division caters to local needs with products like concrete steps, porches, sidewalks, and wheelchair ramps. Its Architectural Division focuses on high-value, custom precast concrete and cast stone projects statewide, while the Construction Products Division supplies essential items such as parking chocks and picnic tables. This diversified approach allows Steps Plus to serve a broad market spectrum, from individual homeowners to large-scale construction projects, emphasizing quality and customer-centric solutions, including financing options.
How much funding has Steps Plus raised?
Steps Plus has raised a total of $121K across 1 funding round:
Debt
$121K
Debt (2021): $121K with participation from PPP
What's next for Steps Plus?
The recent major strategic investment, within the context of large-scale late-stage funding, suggests Steps Plus is poised for significant operational scaling or market penetration. This capital infusion is likely to fuel advancements in manufacturing capabilities, expansion into new geographic markets, or the development of innovative product lines. The company's long-standing history and diversified business model provide a solid foundation for leveraging this new financing to enhance its competitive edge and solidify its market leadership in the precast concrete sector.
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