How Much Did Stites Construction Raise?
Funding & Key Investors

Stites Construction has secured $27K in total capital, with a recent infusion of $27K designated for substantial expansion. This latest financing round, occurring on January 30, 2021, signifies a pivotal moment for the Oklahoma-based construction firm as it moves into a significant Series B/C stage of growth. The company's strategic financial maneuvers underscore its ambition to scale operations and enhance its market presence.

What is Stites Construction?

Stites Construction
ConstructionConstruction Management

Stites Construction, a family-owned and operated entity since 1999, is a prominent provider of residential and commercial construction services across Oklahoma and its neighboring regions. The company distinguishes itself through comprehensive concrete and remodeling solutions, catering to the diverse needs of local communities. With a commitment to quality workmanship and fully insured services, Stites Construction offers free quotes, aiming to deliver exceptional value and reliability to its clientele. Their operational focus is on building and enhancing properties within their service areas.

How much funding has Stites Construction raised?

Stites Construction has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

Key Investors in Stites Construction

PPP

Public-Private Partnership

What's next for Stites Construction?

The recent capital injection of $27K positions Stites Construction for significant operational scaling and market penetration. As the company navigates its Series B/C stage, this funding is expected to fuel strategic initiatives, potentially including the expansion of service offerings, geographic reach, or technological adoption within their construction processes. The focus on expansion capital suggests a clear trajectory towards increasing capacity and solidifying their competitive advantage in the Oklahoma construction landscape.

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Frequently Asked Questions Regarding Stites Construction Financial Insights

What are the most recent funding rounds that Stites Construction has completed, and what were the funding rounds?
Stites Construction has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Stites Construction has raised to date?
Stites Construction has raised a total of $27K in funding to date.
How many funding rounds has Stites Construction completed?
Stites Construction has completed 1 funding rounds.
How much funding did Stites Construction raise in its most recent funding round?
Stites Construction raised $27K in its most recent funding round.
Who are the lead investors in Stites Construction's latest funding round?
The lead investor in Stites Construction'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 Stites Construction's history?
The largest funding round in Stites Construction's history was $27K.
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