How Much Did Trax Construction Raise?
Funding & Key Investors

Trax Construction has secured $705K in total capital, with its most recent financing round bringing in $355K in a major strategic investment. This enterprise-level funding underscores the company's significant growth trajectory and its established position within the infrastructure development sector.

What is Trax Construction?

Trax Construction
ConstructionCivil Engineering Construction

TRAX Construction Company, headquartered in Willowick, Ohio, is a specialized provider of underground utilities and comprehensive construction services. The firm's capabilities span project management, site development, roadway reconstruction, and emergency response, catering to critical community infrastructure needs. TRAX Construction emphasizes quality, safety, and client satisfaction, leveraging advanced technologies and maintaining transparent communication to ensure project success and community well-being.

How much funding has Trax Construction raised?

Trax Construction has raised a total of $705K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$355K

Debt (2020): $350K with participation from PPP

Debt (2021): $355K led by PPP

Key Investors in Trax Construction

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Trax Construction?

The substantial enterprise-level funding, particularly the recent strategic investment, signals Trax Construction's readiness for accelerated expansion and enhanced operational capacity. This capital infusion is likely to fuel advancements in technology adoption, workforce development, and the undertaking of larger-scale infrastructure projects. The company's focus on community enhancement and robust service offerings positions it for continued leadership in the construction and utilities sector, aiming to further solidify its market presence and deliver impactful infrastructure solutions.

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Frequently Asked Questions Regarding Trax Construction Financial Insights

What are the most recent funding rounds that Trax Construction has completed, and what were the funding rounds?
Trax Construction has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Trax Construction has raised to date?
Trax Construction has raised a total of $705K in funding to date.
How many funding rounds has Trax Construction completed?
Trax Construction has completed 2 funding rounds.
How much funding did Trax Construction raise in its most recent funding round?
Trax Construction raised $355K in its most recent funding round.
Who are the lead investors in Trax Construction's latest funding round?
The lead investor in Trax 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 Trax Construction's history?
The largest funding round in Trax Construction's history was $355K.
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