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Sterling secures $3.8 million in seed funding backed by Blackbird and others to expand into the UK and US. The company also landed a $400,000 matching R&D loan from Callaghan Innovation.

PRIVATEAug 13, 20261 day ago

Amount Raised

$3.8 Million

Round Type

Seed

Real EstateGovernment And Military

Investors

Eliot CrowtherRowan SimpsonBlackbird

Description

Sterling, a robot accountant start-up, raised $3.8 million in seed capital to support its expansion into international markets. The funding was led by Blackbird, with additional support from notable investors. The new capital will help the company increase its team from seven to ten employees. Furthermore, Sterling secured a $400,000 matching R&D loan from Callaghan Innovation.

Company Information

Company

Sterling

About

Sterling Construction Company, Inc. operates through a variety of subsidiaries within three segments specializing in Heavy Civil, Specialty Services, and Residential projects in the United States (the “U.S.”), primarily across the southern U.S., the Rocky Mountain States, California, and Hawaii, as well as other areas with strategic construction opportunities. Heavy Civil includes infrastructure and rehabilitation projects for highways, roads, bridges, airports, ports, light rail, water, wastewater, and storm drainage systems. Specialty Services projects include site development activities, foundations for multi-family homes, parking structures and other commercial concrete projects. Residential projects include concrete foundations for single-family homes. From strategy to operations, we are committed to sustainability by operating responsibly to safeguard and improve society’s quality of life. Caring for our people and communities, our customers, and our investors – that is The Sterling Way. Joe Cutillo, CEO, “We build and service the infrastructure that enables our economy to run, our people to move and our county to grow.”

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