When was Groundworks founded?

Groundworks was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Groundworks located?

Groundworks is headquartered in Virginia Beach, United States.

How many employees does Groundworks have?

As of Mar 31, 2026, the latest employee count at Groundworks is 1497.

Is Groundworks a funded company?

Groundworks is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 22, 2020.

When was the latest funding round of Groundworks?

Groundworks' latest funding was a $***** Seed round on Feb 01, 2023, with participation from 1 investor.

Where does Groundworks rank among its competitors?

Groundworks ranks 1st amongst 242 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Accurate Fire Protection, which secured $1.8M in Jul, 2024.

Who are the top competitors of Groundworks?

Groundworks' top competitors include FIRST ONSITE, BELFOR and Knight Commercial. Among them, Accurate Fire Protection secured the most recent funding round in July, 2024.

Groundworks - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: groundworks.com
Email ID: *****@groundworks.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Virginia Beach, United States

Stage

Seed

Latest Funding Round

Seed, Feb 01, 2023, $*****

Investors

KKR & 1 more

Ranked

1^st among 242 active competitors

Employee Count

1,497 as on Mar 31, 2026

Investment & Acquisitions

WTX Foundation Repair & 11 more

Similar Companies

Morgan Sindall Group & 642 more

View Groundworks' full profile

Groundworks has raised funding over 2 rounds. Its first funding round was on Jan 22, 2020. Its latest funding round was a Seed round on Feb 01, 2023 for $*****. 1 investor participated in its latest round. Groundworks has 2 institutional investors.

Here is the list of recent funding rounds of Groundworks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2023	2502194	Seed	6252728	5136733	8889543	1734251
Jan 22, 2020	7289753	Seed	4240000	2435288	8402199	Cortec Group

Access funding benchmarks and valuations. Sign up today!

View details of Groundworks's funding rounds and investors

Groundworks' employee count trend

Groundworks has 1,497 employees as of Mar 26. Here is Groundworks's employee count trend over the years:

Uncover Groundworks' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Groundworks include FIRST ONSITE, BELFOR and Knight Commercial. Here is the list of Top 10 competitors of Groundworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Groundworks 2016, Virginia Beach (United States), Seed	Provider of foundation, basement waterproofing, crawl space, and concrete repair services	-	KKR, Cortec Group	51/100
2nd	FIRST ONSITE 2007, Greenwood Village (United States), Funding Raised	Provider of residential & commercial property restoration services	-	-	47/100
3rd	BELFOR 1946, Birmingham (United States), Acquired	Provider of property recovery and consulting services	-	Ares Capital Corporation	42/100
4th	Knight Commercial 2001, Addison (United States), Acquired	Provider of restoration, construction, and roofing services for commercial facilities	-	-	38/100
5th	ServiceMaster Restore 1929, Memphis (United States), Funding Raised	Provider of commercial and residential restoration services	-	Roark Capital, Eagle Private Capital	38/100
6th	ASR Property Restoration 2006, Sayreville (United States), Acquired	Online platform for emergency restoration services	-	-	36/100
7th	Pure Maintenance 2003, Layton (United States), Unfunded	Provider of residential & commercial property damage services	-	-	36/100
8th	Restoration 1 2008, Waco (United States), Late Stage	Provider of property restoration services	-	MPK Equity Partners, Princeton Equity Group	35/100
9th	Accurate Fire Protection 1998, High Ridge (United States), Funding Raised	Provider of fire protection installation, inspection, and maintenance services for commercial, residential, and industrial clients	-	-	35/100
10th	Aspen Exteriors 2003, Ramsey (United States), Acquired	Provider of roofing and storm damage restoration services	-	-	34/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Groundworks's competitors? Click here to see the top ones

Groundworks has not made any investments yet. Groundworks has made 12 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 24, 2026	Acquisition	WTX Foundation Repair	2019	Albuquerque (United States)
Mar 19, 2025	Acquisition	Resconsolutions	1996	Londonderry (United States)
Dec 04, 2024	Acquisition	Yellowstonestructural		-