How Much Did Modern Drywall Raise?
Funding & Key Investors

Modern Drywall has secured significant enterprise-level funding, with a total capital infusion of $2.6M. The company recently announced a major strategic investment of $1.6M, underscoring its robust growth trajectory and market position in the construction sector. This latest financing round follows previous debt financing, indicating a strategic shift towards equity or larger debt instruments to fuel expansion.

What is Modern Drywall?

Modern Drywall
ConstructionConstruction Management

Modern Drywall is a specialized construction firm recognized for its quality craftsmanship and reliable project execution. The company has a long-standing partnership with Garco Construction, consistently contributing to exceeding customer expectations through safe, on-schedule, and budget-compliant work. Over three decades, Modern Drywall has proven to be an integral part of Garco's project teams, delivering skilled labor and quality construction services.

How much funding has Modern Drywall raised?

Modern Drywall has raised a total of $2.6M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.6M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.6M led by PPP

What's next for Modern Drywall?

The recent major strategic investment signals Modern Drywall's intent to scale operations and potentially expand its service offerings or geographic reach. This capital infusion, following substantial prior debt financing, suggests a maturing business model poised for significant growth. The company is likely to leverage this backing to enhance its capabilities, pursue larger contracts, and solidify its reputation as a premier drywall contractor within the enterprise construction landscape.

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Frequently Asked Questions Regarding Modern Drywall Financial Insights

What are the most recent funding rounds that Modern Drywall has completed, and what were the funding rounds?
Modern Drywall has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Modern Drywall has raised to date?
Modern Drywall has raised a total of $2.6M in funding to date.
How many funding rounds has Modern Drywall completed?
Modern Drywall has completed 2 funding rounds.
How much funding did Modern Drywall raise in its most recent funding round?
Modern Drywall raised $1.6M in its most recent funding round.
Who are the lead investors in Modern Drywall's latest funding round?
The lead investor in Modern Drywall'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 Modern Drywall's history?
The largest funding round in Modern Drywall's history was $1.6M.
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