What is First Team Construction?
First Team Construction Co., Inc. is a seasoned provider of commercial and educational construction services, operating primarily in the Southeastern United States for over a quarter-century. Recognized among Business Alabama's Top 20 Largest General Contractors in 2024, the company has a robust portfolio featuring substantial projects like the Lauderdale County Agriculture Multipurpose Complex and Montview Elementary and Magnet School. Their strategic focus remains on delivering high-quality construction solutions to clients within the commercial and educational markets.
How much funding has First Team Construction raised?
First Team Construction has raised a total of $700K across 2 funding rounds:
Debt
$350K
Debt
$350K
Debt (2020): $350K with participation from PPP
Debt (2021): $350K led by PPP
What's next for First Team Construction?
With a history of significant enterprise-level backing and recent strategic investment, First Team Construction is well-positioned for continued growth and the execution of large-scale projects. The nature of their financing, particularly the debt instruments, indicates a focus on operational scaling and capital-intensive endeavors rather than equity dilution. Future endeavors will likely involve leveraging this financial strength to secure and complete major construction contracts, further solidifying their market leadership in the Southeastern United States.
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