How Much Did Interstate Raise?
Funding & Key Investors

Interstate Corporation, a long-standing commercial roofing firm in the Washington, D.C. Metropolitan area, has secured $912K in enterprise-level capital. The company recently announced a $562K strategic investment, underscoring its pivotal role in the regional construction and maintenance sector. This latest financing round follows previous debt facilities obtained in April 2020 and February 2021.

What is Interstate?

Interstate
ConstructionConstruction Management

Founded 27 years ago, Interstate Corporation operates as a family-owned and operated full-service Commercial Roofing company. Led by Perry Cho, president, and John Cho, co-founder, the company has built a substantial portfolio across the Washington, D.C. Metropolitan area. Their expertise spans a wide array of projects, including commercial, governmental, and private facilities, with a notable emphasis on educational buildings such as K-12 schools and universities. Interstate's project experience also encompasses shopping centers, apartments, warehouses, offices, and churches, demonstrating a broad capability in new construction, renovation, and replacement projects.

How much funding has Interstate raised?

Interstate has raised a total of $912K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$562K

Debt (2020): $350K with participation from PPP

Debt (2021): $562K led by PPP

What's next for Interstate?

The recent major strategic investment signals a new phase of growth and operational scaling for Interstate Corporation. This influx of capital is expected to bolster the company's capacity to undertake larger-scale commercial and governmental contracts, potentially expanding its service offerings or geographic reach within the D.C. Metropolitan area. The company's established track record and focus on exceeding client expectations position it for continued success in securing key projects within the competitive construction landscape.

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Frequently Asked Questions Regarding Interstate Financial Insights

What are the most recent funding rounds that Interstate has completed, and what were the funding rounds?
Interstate has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Interstate has raised to date?
Interstate has raised a total of $912K in funding to date.
How many funding rounds has Interstate completed?
Interstate has completed 2 funding rounds.
How much funding did Interstate raise in its most recent funding round?
Interstate raised $562K in its most recent funding round.
Who are the lead investors in Interstate's latest funding round?
The lead investor in Interstate'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 Interstate's history?
The largest funding round in Interstate's history was $562K.
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