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Berg Enterprises, Inc. secures $2.5M in a funding round led by Antina Capital for targeted investments and workforce scaling.

Jun 18, 2024over 1 year ago

Amount Raised

$2.5 Million

Round Type

seed

Houston

Investors

Antina Capital

Description

Berg Enterprises, Inc. has announced a $2.5M financing round led by Antina Capital in a combination of private debt and equity. The capital will be used for targeted investments and scaling the workforce in key geographies important to the company over the next 10 years.

Company Information

Company

Berg Enterprises

Location

Houston, Texas, United States

About

Berg Enterprises, Inc. (BEI) is a family-owned and operated company that provides turnkey mechanical, plumbing & pipefitting services in federal and commercial markets across the Southwestern United States and other strategic locations. Founded in 1974, BEI is celebrating its fiftieth year and is known for its work on various projects across the American Southwest.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers