What is Hutcherson Construction?
Hutcherson Construction Inc. operates within the dynamic Commercial & Residential Construction sector. Headquartered in Arlington, Texas, the company employs between 10 to 19 individuals and generates revenue in the range of $5 million to $10 million. Its business model encompasses both commercial and residential building projects, indicating a diversified approach to the construction market.
How much funding has Hutcherson Construction raised?
Hutcherson Construction has raised a total of $397K across 2 funding rounds:
Debt
$150K
Debt
$247K
Debt (2020): $150K with participation from PPP
Debt (2021): $247K led by PPP
What's next for Hutcherson Construction?
The company's recent major strategic investment, coupled with its large-scale late-stage funding context, suggests Hutcherson Construction is poised for significant growth and operational scaling. This capital infusion is likely to be directed towards expanding its project portfolio, enhancing its technological capabilities, and potentially increasing its geographic reach within Texas and beyond. The focus on strategic investment signals a move towards solidifying market leadership and exploring new avenues for development in the competitive construction industry.
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