How Much Did Tim's Crane & Rigging Raise?
Funding & Key Investors

Tim's Crane & Rigging has secured significant capital, with a total funding amount of $474K. The company recently announced a major strategic investment of $324K, underscoring its established position in the market and its trajectory for continued expansion. This recent financing round highlights investor confidence in the firm's operational capabilities and its strategic market approach.

What is Tim's Crane & Rigging?

Tim's Crane & Rigging
ConstructionConstruction ManagementTransportation

Tim's Crane & Rigging, Inc. is a family-owned and operated entity specializing in comprehensive crane and rigging solutions. Established in 1997 and based in Savannah, Georgia, the company extends its services across Southeast Georgia and South Carolina. Their expertise encompasses crane rental, specialized rigging services, heavy hauling, and transportation, supported by a diverse fleet of equipment and ancillary services such as certified test weights and personnel baskets. The company prioritizes safety, service excellence, and client satisfaction, adhering to stringent operational standards for all projects. They cater to a broad spectrum of commercial and individual clients requiring dependable and professional heavy-lift and logistical support.

How much funding has Tim's Crane & Rigging raised?

Tim's Crane & Rigging has raised a total of $474K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$324K

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

Debt (2021): $324K led by PPP

What's next for Tim's Crane & Rigging?

The company's large-scale late-stage funding context suggests a focus on scaling operations, potentially through fleet expansion, technological integration, or geographical market penetration. The recent strategic investment indicates a mature phase of growth, likely aimed at solidifying market leadership and enhancing service delivery capabilities. Future developments may involve acquiring larger-capacity equipment, expanding service offerings into adjacent heavy industries, or optimizing logistical networks to serve a wider client base more efficiently. This capital infusion is poised to fuel strategic initiatives that reinforce Tim's Crane & Rigging's competitive advantage in the Southeast region.

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Frequently Asked Questions Regarding Tim's Crane & Rigging Financial Insights

What are the most recent funding rounds that Tim's Crane & Rigging has completed, and what were the funding rounds?
Tim's Crane & Rigging has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Tim's Crane & Rigging has raised to date?
Tim's Crane & Rigging has raised a total of $474K in funding to date.
How many funding rounds has Tim's Crane & Rigging completed?
Tim's Crane & Rigging has completed 2 funding rounds.
How much funding did Tim's Crane & Rigging raise in its most recent funding round?
Tim's Crane & Rigging raised $324K in its most recent funding round.
Who are the lead investors in Tim's Crane & Rigging's latest funding round?
The lead investor in Tim's Crane & Rigging'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 Tim's Crane & Rigging's history?
The largest funding round in Tim's Crane & Rigging's history was $324K.
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