How Much Did Sussel Raise?
Funding & Key Investors

Sussel, a cornerstone of the Minnesota construction sector, has successfully secured a significant capital injection to bolster its long-term operational capabilities. The firm, which has maintained a dominant market presence since 1915, recently finalized a major strategic investment totaling $247K. This latest infusion of capital brings the company's cumulative financing to $397K, underscoring its resilience and sustained growth trajectory within the competitive garage construction and architectural design landscape.

What is Sussel?

Sussel
ConstructionConstruction Management

Operating as a premier garage builder, Sussel has cultivated a reputation for superior craftsmanship and bespoke design solutions. By integrating comprehensive construction services with flexible financing options, the company effectively bridges the gap between basic utility structures and high-end architectural garage projects. Their market position is fortified by over a century of operational experience, allowing them to navigate complex construction demands while maintaining high standards of material quality and client satisfaction across the Minnesota region.

How much funding has Sussel raised?

Sussel has raised a total of $397K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$247K

Debt (2020): $150K with participation from PPP

Debt (2021): $247K led by PPP

Key Investors in Sussel

PPP

Public-Private Partnership

What's next for Sussel?

With this latest round of financing, Sussel is well-positioned to scale its service offerings and potentially modernize its construction methodologies. The strategic allocation of these funds will likely focus on enhancing operational efficiency and expanding the company's footprint in the custom garage market. As the firm transitions into this next phase of growth, the focus remains on leveraging its historical brand equity to capture emerging demand for high-quality, durable, and aesthetically sophisticated residential and commercial garage solutions.

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Frequently Asked Questions Regarding Sussel Financial Insights

What are the most recent funding rounds that Sussel has completed, and what were the funding rounds?
Sussel has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Sussel has raised to date?
Sussel has raised a total of $397K in funding to date.
How many funding rounds has Sussel completed?
Sussel has completed 2 funding rounds.
How much funding did Sussel raise in its most recent funding round?
Sussel raised $247K in its most recent funding round.
Who are the lead investors in Sussel's latest funding round?
The lead investor in Sussel'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 Sussel's history?
The largest funding round in Sussel's history was $247K.
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