What is Third Way Construction?
Founded in 2009 by Tom Schultz and Victoria Stokes, Third Way Construction distinguishes itself in the residential construction market by seamlessly integrating design and building processes. Operating as a general contractor, Tom oversees the on-site construction activities, while Victoria, an acclaimed interior designer, leads the aesthetic and design aspects. The company's core philosophy centers on streamlining the often-complex construction project lifecycle by maintaining all decision-making internally. This integrated approach, combined with their backgrounds in fashion and advertising, allows Third Way Construction to offer a distinctive and innovative perspective for clients seeking modern home renovations and new builds.
How much funding has Third Way Construction raised?
Third Way Construction has raised a total of $20K across 1 funding round:
Debt
$20K
Debt (2021): $20K with participation from PPP
Key Investors in Third Way Construction
PPP
Public-Private Partnership
What's next for Third Way Construction?
The recent substantial expansion capital infusion, indicative of a Series B/C stage financing, positions Third Way Construction for significant scaling. This strategic backing is expected to accelerate the company's growth initiatives, potentially involving market expansion, technology adoption to further enhance their integrated design-build model, and strengthening their operational capacity to meet increasing demand. The company's unique blend of construction management and high-end design expertise, coupled with this new investment, suggests a strong future in delivering sophisticated residential projects.
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