How Much Did Crown Construction Raise?
Funding & Key Investors

Crown Construction, a prominent full-service remodeling and construction firm based in Dryden, New York, has secured significant financial backing, with total funding reaching $429K and its most recent capital infusion amounting to $279K. This latest strategic investment, dated March 29, 2021, underscores the company's established market presence and its ongoing growth trajectory within the competitive construction sector. The company's financial history includes prior debt financing rounds, indicating a strategic approach to capital management and expansion.

What is Crown Construction?

Crown Construction
ConstructionConstruction Management

Founded in 1986 by Jeff Fredrickson and John Lafian, Crown Construction has built a robust reputation over three decades as a leader in the remodeling industry in Central New York State. The firm's operational philosophy, centered on integrity, quality craftsmanship, employee commitment, and client collaboration, has been instrumental in its sustained success. This enduring business model, emphasizing the empowerment of its workforce, ensures the delivery of high-quality services and outstanding results to its clientele, solidifying its position as a trusted construction partner.

How much funding has Crown Construction raised?

Crown Construction has raised a total of $429K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$279K

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

Debt (2021): $279K led by PPP

What's next for Crown Construction?

With substantial financial resources in place, Crown Construction is poised for continued expansion and strategic development. The recent large-scale, late-stage funding suggests a focus on enhancing operational capabilities, potentially through technology adoption, workforce scaling, or market penetration initiatives. This strategic investment will likely enable the company to pursue larger projects, explore new service offerings, and further solidify its leadership position in the New York construction market, reinforcing its commitment to delivering excellence and value to its clients.

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Frequently Asked Questions Regarding Crown Construction Financial Insights

What are the most recent funding rounds that Crown Construction has completed, and what were the funding rounds?
Crown Construction has recently completed 2 funding rounds: Debt on Mar 29, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Crown Construction has raised to date?
Crown Construction has raised a total of $429K in funding to date.
How many funding rounds has Crown Construction completed?
Crown Construction has completed 2 funding rounds.
How much funding did Crown Construction raise in its most recent funding round?
Crown Construction raised $279K in its most recent funding round.
Who are the lead investors in Crown Construction's latest funding round?
The lead investor in Crown 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 Crown Construction's history?
The largest funding round in Crown Construction's history was $279K.
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