How Much Did Trice Construction Raise?
Funding & Key Investors

Trice Construction has successfully secured a significant capital injection, bringing its total funding to $4M. This latest infusion, characterized by a $2M strategic investment, underscores the firm's robust standing within the competitive Chicago construction landscape. By leveraging this debt-based financing, the company is well-positioned to scale its operational capabilities and enhance its service delivery model for a diverse portfolio of enterprise-level clients.

What is Trice Construction?

Trice Construction
ConstructionConstruction Management

Headquartered in Chicago, Illinois, Trice Construction operates as a specialized provider of foundational construction services. The firm distinguishes itself through a commitment to operational excellence and a client-centric approach that prioritizes project longevity and structural integrity. By focusing on the critical early stages of development, the company has carved out a niche in the regional market, consistently delivering high-quality results that meet the rigorous demands of modern infrastructure projects. Their business model emphasizes continuous improvement, ensuring that they remain at the forefront of construction technology and project management methodologies.

How much funding has Trice Construction raised?

Trice Construction has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Trice Construction

PPP

Public-Private Partnership

What's next for Trice Construction?

With the recent influx of capital, Trice Construction is poised to transition into a more aggressive growth phase. The strategic allocation of these funds will likely focus on optimizing internal workflows, upgrading heavy machinery, and expanding their footprint within the Midwest construction sector. As the firm navigates this enterprise-level expansion, the focus will remain on maintaining the high standards of quality that have defined their reputation. Future milestones will likely involve the integration of advanced project management software and the scaling of their workforce to accommodate larger, more complex infrastructure contracts, thereby solidifying their market authority.

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Frequently Asked Questions Regarding Trice Construction Financial Insights

What are the most recent funding rounds that Trice Construction has completed, and what were the funding rounds?
Trice Construction has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Trice Construction has raised to date?
Trice Construction has raised a total of $4M in funding to date.
How many funding rounds has Trice Construction completed?
Trice Construction has completed 2 funding rounds.
How much funding did Trice Construction raise in its most recent funding round?
Trice Construction raised $2M in its most recent funding round.
Who are the lead investors in Trice Construction's latest funding round?
The lead investor in Trice 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 Trice Construction's history?
The largest funding round in Trice Construction's history was $2M.
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