How Much Did Progressive Concrete Raise?
Funding & Key Investors

Progressive Concrete has secured $409K in total capital, with its most recent financing round bringing in $259K in a major strategic investment. This significant backing underscores the company's position in the industrial concrete contracting market and signals a phase of substantial growth and operational scaling.

What is Progressive Concrete?

Progressive Concrete
ConstructionConstruction Management

Progressive Concrete, LLC operates as a specialized concrete contractor primarily serving the industrial sector. The company undertakes a diverse range of projects, from minor repairs and patchwork to the construction of new facilities and equipment foundations. Progressive Concrete differentiates itself by integrating advanced technological tools in its operations, from estimating software to field applications, while maintaining a strong commitment to traditional, proven construction methodologies. Its business philosophy is anchored in core values of respect, honesty, and communication, aiming to build and maintain strong relationships with clients, contractors, and engineers. The company's operational motto, "Go Do What You Said You Will Do," reflects a dedication to fulfilling commitments and delivering high-quality work efficiently and cost-effectively.

How much funding has Progressive Concrete raised?

Progressive Concrete has raised a total of $409K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$259K

Debt (2020): $150K with participation from PPP

Debt (2021): $259K led by PPP

What's next for Progressive Concrete?

The substantial capital infusion, particularly the recent strategic investment, positions Progressive Concrete for accelerated expansion and enhanced service delivery within the industrial construction landscape. This funding is likely to fuel investments in advanced equipment, technology adoption, and potentially workforce development to meet growing market demands. As a late-stage company, the focus will likely be on solidifying market share, optimizing operational efficiencies, and potentially exploring new geographic markets or service offerings. The company's emphasis on a blend of technological innovation and foundational construction principles suggests a strategic approach to sustainable growth and competitive advantage.

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Frequently Asked Questions Regarding Progressive Concrete Financial Insights

What are the most recent funding rounds that Progressive Concrete has completed, and what were the funding rounds?
Progressive Concrete has recently completed 2 funding rounds: Debt on Mar 29, 2021, Debt on May 11, 2020.
What is the total amount of funding Progressive Concrete has raised to date?
Progressive Concrete has raised a total of $409K in funding to date.
How many funding rounds has Progressive Concrete completed?
Progressive Concrete has completed 2 funding rounds.
How much funding did Progressive Concrete raise in its most recent funding round?
Progressive Concrete raised $259K in its most recent funding round.
Who are the lead investors in Progressive Concrete's latest funding round?
The lead investor in Progressive Concrete'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 Progressive Concrete's history?
The largest funding round in Progressive Concrete's history was $259K.
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