What is VS Construction?
Founded over fifty years ago by Val Santucci, VS Construction Corporation has evolved from a carpentry and furniture-making background into a comprehensive construction and real estate development firm. Initially focusing on speculative home building in the 1960s, the company rapidly expanded its scope. By the 1970s, VS Construction undertook large-scale projects, including the successful 400-home Watch Hill Manor. The company has since developed numerous notable residential subdivisions such as The Vineyards, Peach Wood Estates, Woodland Estates, Putnam Chase, Strawberry Knoll, and Bel Lago. Today, VS Construction is fully involved in both residential and commercial real estate development, alongside public and private site contracting services encompassing sewer, septic, water, drainage, paving, and masonry.
How much funding has VS Construction raised?
VS Construction has raised a total of $465K across 2 funding rounds:
Debt
$150K
Debt
$315K
Debt (2020): $150K with participation from PPP
Debt (2021): $315K led by PPP
Key Investors in VS Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for VS Construction?
The substantial large-scale late-stage funding indicates a strategic phase for VS Construction, likely aimed at expanding its development pipeline, enhancing its site contracting capabilities, or potentially exploring new market segments within the Hudson Valley region. This capital infusion will support the company's continued growth and its commitment to delivering complex construction and development projects.
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