What is Recon Group?
Recon Group Inc. is a specialized insurance restoration contractor operating primarily in the Northern New Jersey area. The company focuses on providing comprehensive restoration services tailored to the needs of homeowners and businesses experiencing damage. By assisting clients through the complex insurance claims process, Recon Group aims to deliver quality service and facilitate a smooth recovery after property damage incidents.
How much funding has Recon Group raised?
Recon Group has raised a total of $318K across 2 funding rounds:
Debt
$150K
Debt
$168K
Debt (2020): $150K with participation from PPP
Debt (2021): $168K led by PPP
Key Investors in Recon Group
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Recon Group?
The recent large-scale, late-stage funding signifies Recon Group's strategic intent to expand its operational capacity and market reach. This capital injection is likely to fuel initiatives such as enhancing service delivery infrastructure, investing in advanced restoration technologies, and potentially broadening its geographic footprint. The company is poised for accelerated growth, leveraging this strategic investment to solidify its competitive advantage in the insurance restoration industry.
See full Recon Group company page
