Cardinal Group

Denver, United States Founded: 2007 • Age: 19 yrs Acquired By IPS
Provider of real estate development and investment services
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About Cardinal Group

Cardinal Group is a company based in Denver (United States) founded in 2007 was acquired by IPS in April 2019.. Cardinal Group has raised $76.5 million across 2 funding rounds from investors including IPS. The company has 1,043 employees as of December 31, 2022. Cardinal Group offers products and services including Property Management, Development, Consulting, and Investments. Cardinal Group operates in a competitive market with competitors including Century Communities, DR Horton, Meritage Homes, M/I Homes and Beazer Homes, among others.

  • Headquarter Denver, United States
  • Employees 1043 as on 31 Dec, 2022
  • Sectors
    Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $76.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $75 M (USD), Series A

    Dec 14, 2016

  • Investors
  • Employee Count
    1043

    as on Dec 31, 2022

  • Acquired by
    IPS

    (Apr 01, 2019)

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Products & Services of Cardinal Group

Cardinal Group offers a comprehensive portfolio of products and services, including Property Management, Development, Consulting, and Investments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages properties for clients with focus on efficiency

Handles projects for real estate investments and growth

Provides advice on real estate strategies and operations

Manages investment opportunities in properties

People of Cardinal Group
Headcount 500-1000
Employee Profiles 82
Employee Profiles
People
Bryan Bathalon
Financial Reporting Manager
People
Kaitlyn Ballesteros
Manager, Data Analysis And Visualization
People
Garrett Hughes
Business Intelligence Developer
People
Max Jordan
Leasing Agent

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Funding Insights of Cardinal Group

Cardinal Group has successfully raised a total of $76.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $75 million completed in December 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $75.0M
  • First Round

    (19 Feb 2015)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2016 Amount Series A - Cardinal Group Valuation

investors

Feb, 2015 Amount Seed - Cardinal Group Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cardinal Group

Cardinal Group has secured backing from 1 investor. Prominent investors backing the company include IPS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
EPCMV services are delivered in engineering and construction fields.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cardinal Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cardinal Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cardinal Group Comparisons

Employees
+
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Competitors of Cardinal Group

Cardinal Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Century Communities, DR Horton, Meritage Homes, M/I Homes and Beazer Homes, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Residential homes and communities are developed across the United States.
domain founded_year HQ Location
Residential property development services are offered nationwide in the US.
domain founded_year HQ Location
Real estate developer of residential properties
domain founded_year HQ Location
Residential properties are developed and sold across the United States.
domain founded_year HQ Location
Provider of residential property building services
domain founded_year HQ Location
Developer of residential properties
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cardinal Group

Frequently Asked Questions about Cardinal Group

When was Cardinal Group founded?

Cardinal Group was founded in 2007 and raised its 1st funding round 8 years after it was founded.

Where is Cardinal Group located?

Cardinal Group is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Who is the current CEO of Cardinal Group?

Del De Windt is the current CEO of Cardinal Group.

Is Cardinal Group a funded company?

Cardinal Group is a funded company, having raised a total of $76.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Feb 19, 2015.

How many employees does Cardinal Group have?

As of Dec 31, 2022, the latest employee count at Cardinal Group is 1,043.

What does Cardinal Group do?

Cardinal Group, established in 2007 and currently in Acquired stage, focuses on real estate and construction, real estate infrastructure developers, and residential. Provider of real estate development and investment services. Adapting to market demands with innovation and client-focused strategies.

Who are the top competitors of Cardinal Group?

Cardinal Group's top competitors include Century Communities, Darwin Homes and Beazer Homes.

What products or services does Cardinal Group offer?

Cardinal Group offers Property Management, Development, Consulting, and Investments.

Who are Cardinal Group's investors?

Cardinal Group has 1 investor. Key investors include IPS.

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