How Much Did Power & Cronin Raise?
Funding & Key Investors

Power & Cronin, a prominent full-service litigation law firm, has secured $726K in total capital, with its most recent strategic investment amounting to $376K. This significant backing underscores the firm's established presence and its ongoing strategic growth within the legal sector.

What is Power & Cronin?

Power & Cronin
Law Firms & Legal Services

Power & Cronin operates as a comprehensive litigation law firm, maintaining a robust footprint across Illinois and adjacent regions. The firm specializes in key areas such as workers' compensation defense, business litigation, and insurance defense. Its diverse clientele includes employers, insurance providers, and municipal entities, all of whom benefit from the firm's strategic legal counsel and advocacy. With an operational history spanning over 35 years, Power & Cronin's legal professionals are recognized authorities in fields including employment and sports law. The firm emphasizes client engagement in case management and offers competitive fee structures to ensure client value and foster trust.

How much funding has Power & Cronin raised?

Power & Cronin has raised a total of $726K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$376K

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

Debt (2021): $376K led by PPP

Key Investors in Power & Cronin

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Power & Cronin?

The substantial enterprise-level funding secured by Power & Cronin signals a strategic phase of expansion and operational enhancement. This capital infusion is likely to bolster the firm's capacity to handle complex litigation, potentially enabling further geographic reach or the development of specialized legal services. The firm's commitment to client-centric strategies and competitive pricing, combined with this new financial impetus, positions Power & Cronin for continued leadership and growth in its core practice areas.

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Frequently Asked Questions Regarding Power & Cronin Financial Insights

What are the most recent funding rounds that Power & Cronin has completed, and what were the funding rounds?
Power & Cronin has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Power & Cronin has raised to date?
Power & Cronin has raised a total of $726K in funding to date.
How many funding rounds has Power & Cronin completed?
Power & Cronin has completed 2 funding rounds.
How much funding did Power & Cronin raise in its most recent funding round?
Power & Cronin raised $376K in its most recent funding round.
Who are the lead investors in Power & Cronin's latest funding round?
The lead investor in Power & Cronin'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 Power & Cronin's history?
The largest funding round in Power & Cronin's history was $376K.
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