What is Team Construction?
Established in 2003 and operating primarily in the Southeast region, Team Construction, LLC specializes in critical infrastructure development for the gas industry. The company has built a strong reputation by adhering to core values of Safety First, Customer Service, and Employee Experience, evidenced by achieving over 2 million man-hours with zero lost-time injuries. Their services, which include the installation of gas mains and services for residential and commercial properties, are vital for utility companies such as Piedmont Natural Gas and Atmos Energy. Team Construction's commitment to timely project delivery and stringent safety standards makes them a trusted partner for utility companies, private contractors, and developers across key locations like Nashville and Kentucky.
How much funding has Team Construction raised?
Team Construction has raised a total of $2.6M across 2 funding rounds:
Debt
$1M
Debt
$1.6M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.6M led by PPP
What's next for Team Construction?
The recent major strategic investment signals a new phase of growth for Team Construction, likely enabling the company to pursue larger-scale projects, expand its operational footprint, or enhance its technological capabilities. This capital infusion is expected to bolster its capacity to serve existing utility partners and potentially attract new clients requiring extensive infrastructure development. The company's established track record in safety and project execution, combined with this significant financial backing, positions it for continued success and leadership within the gas utility contracting sector.
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