Richard Group is a veteran-owned general contracting and construction management firm headquartered in Chicago, Illinois. Established in 2014 by Jed Richard, the company specializes in building design, preconstruction management, and sustainability solutions, focusing on projects that have a transformative impact on communities. Their mission is to build dynamic and efficient spaces where people can work smarter, heal faster, and live happier, leveraging technology to amplify human potential while nurturing a people-first culture.
Key Strategic Focus
Richard Group's strategic focus encompasses preconstruction management, sustainability solutions, and general contracting services. They specialize in healthcare facilities, data center infrastructure, and adaptive reuse interiors, aiming to deliver projects that advance community well-being and sustainability. The company targets markets requiring complex infrastructure solutions, emphasizing speed, simplicity, and safety in project execution.
Financials and Funding
As of May 2025, Richard Group reported annual revenues of approximately $15 million. The company has demonstrated impressive revenue growth, with a 764.1% increase over a five-year period. This financial strength reflects the company's stability and success, positioning it for scaling operations and undertaking larger projects.
Technological Platform and Innovation
Richard Group employs a range of technologies to enhance project efficiency and client engagement. Their tech stack includes LinkedIn Recruiter for talent acquisition, jQuery CDN and Squarespace for web development, Stimulus for JavaScript frameworks, Google Maps for project location services, HSTS for security, Adobe Creative Suite for visualization, and Nginx for web server management.
Leadership Team
- Jed Richard: Founder and CEO, Jed combines military discipline with entrepreneurial insight to revolutionize the construction industry. After serving three tours in Afghanistan as an Airborne and Ranger Qualified Captain in the U.S. Army and working as a private contractor for the U.S. Department of State’s Building Division, he launched Richard Group in 2014. Under his leadership, the company has experienced significant growth and recognition.
Competitor Profile
- Market Insights and Dynamics: The construction industry is experiencing growth, with increasing demand for sustainable and community-focused projects. Richard Group's emphasis on sustainability and community impact aligns with these industry trends, positioning the company favorably in the market.
- Competitor Analysis: Richard Group operates in a competitive landscape with companies like Peak Performance, Cascade Corporation, Woodland Group, Greenfield Group, Skyline Enterprises, and Redwood Technologies. These competitors focus on various aspects of construction and engineering services, each bringing unique strengths to the industry.
Strategic Collaborations and Partnerships
Richard Group has engaged in partnerships that highlight its dedication to community-driven initiatives. For instance, their collaboration with Habitat for Humanity underscores a commitment to social responsibility and community engagement, presenting opportunities for business growth by tapping into the philanthropic sector.
Operational Insights
Richard Group's operational strategy emphasizes a people-first culture, fostering employee engagement and professional development. This approach contributes to delivering high-quality construction projects and sets the company apart as an employer of choice in the industry. Their focus on sustainability and community impact further differentiates them from competitors.
Strategic Opportunities and Future Directions
Looking ahead, Richard Group aims to expand its market presence by leveraging its expertise in sustainable construction and community-focused projects. The company's strong financial growth and commitment to innovation position it well to undertake larger and more complex projects, further solidifying its reputation in the industry.
Contact Information
- Website: richardgroupllc.com
- LinkedIn: Richard Group LinkedIn
Richard Group's dedication to building with purpose and living with passion continues to drive its success and impact in the construction industry.
