Funding round
INTREN Growth
Reported as "Growth Equity"
INTREN, which works in utility infrastructure construction services in Union, raised $420M in a Growth round announced on 6 May 2021. 1 firm took part, 1 of them already investors.
$420M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
INTREN did not disclose a valuation in this round. It is INTREN's first venture round on record, 33 years after it was founded in 1988. No later venture round is on record for INTREN.
INTREN's funding rounds
This is the only venture round on record for INTREN.
- Growth this round 6 May 2021 $420M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- MasTec, Inc. existing investor
Comparable rounds
How it compares
The closest in time: 1 in Construction Services, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Construction Services | 22 Jan 2021 | undisclosed | not disclosed | not named |
| cinch Automobile Dealers & Manufacturers | 28 May 2021 | $1.42B | not disclosed | not named |
| Sinch Telecommunications | 24 May 2021 | $1.10B | not disclosed | SoftBank Group Corp. |
| Wealthsimple Investment Consultants & Financial Advisors | 3 May 2021 | $610M | $4.07B | Meritech Capital and Greylock Partners |
| Tech Companies | 11 May 2021 | $383M | not disclosed | Turn/River |
| Tech Companies | 13 May 2021 | $290M | not disclosed | Insight Partners |
| Tech Companies | 6 May 2021 | $277M | $2.10B | Summit Partners and ICONIQ Growth |
| Tech Companies | 4 May 2021 | $250M | $2.50B | CVC |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did INTREN raise in its Growth round?
INTREN raised $420M in its Growth round, announced in May 2021.
Which investors took part in INTREN's Growth round?
MasTec, Inc..
What was INTREN's valuation at the Growth round?
It was not disclosed.