How Much Did Lorig Construction Raise?
Funding & Key Investors

Lorig Construction has secured $5M in total capital, with its most recent financing round bringing in $5M in a major strategic investment. This significant backing underscores the company's established presence and ongoing strategic initiatives within the heavy and highway construction sector.

What is Lorig Construction?

Lorig Construction
ConstructionCivil Engineering Construction

Lorig Construction Company, established in 1986, is a prominent contractor specializing in heavy and highway construction across the Chicagoland area. The firm's core competencies include bridge and structural concrete work, road construction, and sophisticated earth retention systems. With a workforce exceeding 350 employees, Lorig Construction possesses the capability to self-perform a broad spectrum of construction tasks. The company also engages in design-build services through collaborations with engineering partners, serving key clients such as the Illinois Department of Transportation and various municipal and county entities. Its consistent recognition through annual awards from governmental agencies and a dispute-free operational record highlight its strong reputation and reliability in executing major infrastructure projects.

How much funding has Lorig Construction raised?

Lorig Construction has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Lorig Construction

PPP

Public-Private Partnership

What's next for Lorig Construction?

The recent major strategic investment indicates Lorig Construction's continued focus on expanding its operational capacity and potentially undertaking larger-scale infrastructure projects. This capital infusion is likely to support fleet modernization, technological adoption in construction management, and the pursuit of new, complex contracts. Given its history and established client base, the company is well-positioned for sustained growth and to further solidify its leadership in the regional heavy construction market.

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Frequently Asked Questions Regarding Lorig Construction Financial Insights

What are the most recent funding rounds that Lorig Construction has completed, and what were the funding rounds?
Lorig Construction has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Lorig Construction has raised to date?
Lorig Construction has raised a total of $5M in funding to date.
How many funding rounds has Lorig Construction completed?
Lorig Construction has completed 1 funding rounds.
How much funding did Lorig Construction raise in its most recent funding round?
Lorig Construction raised $5M in its most recent funding round.
Who are the lead investors in Lorig Construction's latest funding round?
The lead investor in Lorig 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 Lorig Construction's history?
The largest funding round in Lorig Construction's history was $5M.
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