Concr is a technology company.
Concr has raised $2.5M across 2 funding rounds.
Key people at Concr.
Concr has raised $2.5M in total across 2 funding rounds.
Concrete Technology Corporation (CTC) is a U.S.-based manufacturer of precast and prestressed concrete building elements, founded in 1951 and headquartered in Tacoma, Washington.[1][2][3] The company serves the construction industry by producing components for bridges, buildings, parking structures, detention vaults, waterfront piers, floating structures, shore protection, stadiums, tunnels, and special projects, with approximately 275 employees and annual revenue of $136.9 million.[1][2] CTC solves challenges in large-scale infrastructure and building projects by delivering high-quality, durable precast products, maintaining financial stability with moderate year-over-year revenue growth around 10% and a focus on continuous investment in facilities and workforce.[1][3]
While not a high-growth tech startup, CTC demonstrates steady momentum in the building materials sector through its long-standing reputation and adaptation to evolving construction needs, positioning it as a reliable supplier amid infrastructure demands.[1][2]
Concrete Technology Corporation was established in 1951 in Tacoma, Washington, pioneering the development of the prestressed concrete industry in the United States.[1][2][5] Key early milestones include its role in advancing precast/prestressed technologies, which revolutionized construction by enabling stronger, more efficient building elements for complex projects.[1][5] The company has evolved from its foundational innovations to a stable operation with a local focus, expanding its product range to meet diverse infrastructure needs while investing in employee training and plant upgrades.[1][3] This backstory reflects a commitment to quality that has sustained CTC for over 70 years in a capital-intensive industry.[2]
CTC rides the wave of sustained U.S. infrastructure investment, including bridges, highways, and urban development, where precast concrete enables faster, more resilient builds amid aging structures and climate challenges.[1][2] Timing aligns with federal funding like the Infrastructure Investment and Jobs Act, boosting demand for durable materials resistant to extreme weather, salts, and de-icing—factors CTC's products handle effectively.[1][3] Market forces such as labor shortages and supply chain pressures favor prefabricated solutions like CTC's, reducing on-site time and costs while influencing the ecosystem by setting quality benchmarks for precast adoption in public and private projects.[1][5]
CTC's future hinges on infrastructure renewal and sustainability trends, with potential expansion into eco-friendly concrete variants or modular tech integrations to counter rising material costs and environmental regulations. As demand for resilient builds grows, CTC could deepen its role in mega-projects, evolving from pioneer to essential supplier—reinforcing its stable foundation in a sector where longevity trumps hype, much like its 70+ year track record proves.[1][3]
Key people at Concr.
Concr has raised $2.5M in total across 2 funding rounds.
Concr's investors include Motus Ventures, R42 Group, Red Swan Ventures, Scrum Ventures, TSVC Capital, Climate Insiders.
Concr has raised $2.5M across 2 funding rounds. Most recently, it raised $2.0M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $2.0M Seed | Motus Ventures, R42 Group, Red Swan Ventures, Scrum Ventures, TSVC Capital | |
| Sep 1, 2019 | $500K Seed | Climate Insiders |
