How Much Did Ace Raise?
Funding & Key Investors

Ace, a veteran player in the construction services sector, has successfully secured a significant capital injection to bolster its operational capacity. With a total historical backing of $427K, the firm continues to demonstrate resilience in a competitive market. The most recent financing round, which brought in $277K, underscores the company's ongoing commitment to scaling its infrastructure maintenance capabilities across both federal and local project portfolios.

What is Ace?

Ace
ConstructionCivil Engineering ConstructionConstruction Management

Founded in 1995 and headquartered in San Antonio, Texas, Ace has established itself as a cornerstone of regional and national infrastructure development. The company specializes in a diverse array of services, ranging from general construction and long-term service contracts to highly technical road and runway maintenance. By maintaining a balanced project pipeline that includes both federally funded initiatives and local municipal contracts, Ace has cultivated a stable revenue model that mitigates the cyclical risks often associated with the construction industry. Their expertise in critical infrastructure ensures that they remain a preferred partner for government entities requiring high-compliance, durable construction solutions.

How much funding has Ace raised?

Ace has raised a total of $427K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$277K

Debt (2020): $150K with participation from PPP

Debt (2021): $277K led by PPP

Key Investors in Ace

PPP

Public-Private Partnership

What's next for Ace?

With the infusion of this latest capital, Ace is positioned to accelerate its strategic growth initiatives, particularly in the realm of runway and heavy-duty road maintenance. As the firm transitions into this late-stage growth phase, management is expected to prioritize the modernization of its equipment fleet and the expansion of its service contract footprint. By leveraging its established reputation for reliability, Ace aims to capture a larger share of the infrastructure renewal market, which is currently seeing increased demand due to aging national transport networks. Future efforts will likely focus on optimizing operational efficiencies to maximize margins on large-scale public sector projects, ensuring long-term value creation for stakeholders.

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Frequently Asked Questions Regarding Ace Financial Insights

What are the most recent funding rounds that Ace has completed, and what were the funding rounds?
Ace has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 1, 2020.
What is the total amount of funding Ace has raised to date?
Ace has raised a total of $427K in funding to date.
How many funding rounds has Ace completed?
Ace has completed 2 funding rounds.
How much funding did Ace raise in its most recent funding round?
Ace raised $277K in its most recent funding round.
Who are the lead investors in Ace's latest funding round?
The lead investor in Ace's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ace's history?
The largest funding round in Ace's history was $277K.
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