What is Hansen-Rice?
Founded in 1983 and headquartered in Nampa, Idaho, Hansen-Rice operates as a nationwide design-build general contracting company. Its core focus spans industrial, processing, commercial, and agricultural construction projects. The company has built a reputation for comprehensive project delivery, leveraging its extensive experience to manage complex builds across various sectors. The recent enterprise-level funding and strategic investment signal a period of potential expansion and continued operational scaling for the firm.
How much funding has Hansen-Rice raised?
Hansen-Rice has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
What's next for Hansen-Rice?
The substantial backing received by Hansen-Rice, particularly the recent major strategic investment, positions the company for accelerated growth and enhanced market penetration. This financing is likely to fuel further development in its core construction areas, potentially enabling the company to undertake larger-scale projects and expand its geographic reach. The strategic nature of the recent capital infusion suggests a focus on strengthening its competitive advantage and solidifying its position as a leading design-build general contractor.
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