How Much Did Schermer Construction Raise?
Funding & Key Investors

Schermer Construction has secured $483K in total capital, with its most recent funding round bringing in $333K. This significant strategic investment underscores the company's established position in the logging road construction sector. The company's financial trajectory, marked by recent debt financing, indicates a focus on operational expansion and asset acquisition to support its growing project portfolio.

What is Schermer Construction?

Schermer Construction
ConstructionCivil Engineering Construction

Schermer Construction, Inc., founded in 1989, is a specialized contractor focused on logging road construction, bridge building, and culvert installation. With a dedicated team of nearly 30 employees, the company also engages in heavy civil earthwork and land clearing. Schermer Construction aims to be the premier contractor for forest-related infrastructure projects across the Olympic Peninsula and Southwest Washington, serving clients such as Sierra Pacific Industries and the Department of Natural Resources. Their expertise in forest road development and commitment to client satisfaction have solidified their market presence.

How much funding has Schermer Construction raised?

Schermer Construction has raised a total of $483K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$333K

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

Debt (2021): $333K led by PPP

What's next for Schermer Construction?

The substantial capital infusion, particularly the recent strategic investment, positions Schermer Construction for accelerated growth and enhanced service delivery. This backing is likely to facilitate the expansion of their operational capacity, enabling them to undertake larger and more complex projects. Future endeavors may include investments in advanced construction equipment, further development of their skilled workforce, and potentially broadening their geographic reach within the Pacific Northwest. The company's focus on customer satisfaction and its established reputation suggest a strategic approach to leveraging this capital for sustained market leadership.

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Frequently Asked Questions Regarding Schermer Construction Financial Insights

What are the most recent funding rounds that Schermer Construction has completed, and what were the funding rounds?
Schermer Construction has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Schermer Construction has raised to date?
Schermer Construction has raised a total of $483K in funding to date.
How many funding rounds has Schermer Construction completed?
Schermer Construction has completed 2 funding rounds.
How much funding did Schermer Construction raise in its most recent funding round?
Schermer Construction raised $333K in its most recent funding round.
Who are the lead investors in Schermer Construction's latest funding round?
The lead investor in Schermer 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 Schermer Construction's history?
The largest funding round in Schermer Construction's history was $333K.
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