How Much Did Advanced Utility Services Raise?
Funding & Key Investors

Advanced Utility Services (AUS) has secured significant enterprise-level funding, with its total capital raised standing at $729K. The company recently announced a major strategic investment of $379K, underscoring its pivotal role in the utility metering installation sector. This latest financing round follows previous debt financing, indicating a shift towards growth-oriented capital.

What is Advanced Utility Services?

Advanced Utility Services
ConstructionCivil Engineering ConstructionConstruction Management

Advanced Utility Services (AUS) is a specialized provider in the Utility Metering Installation Industry, boasting a leadership team with over 55 years of collective experience. The company excels in AMR/AMI mass meter installations for water, gas, and electric utilities, offering a comprehensive turn-key solution that includes scope development, project management, installation, data transfers, and project financing. AUS emphasizes customer satisfaction through its advanced data collection teams, experienced project managers, and state-of-the-art technologies. As a product-neutral entity, AUS is adept at working with all meter manufacturers and can deploy its services rapidly and efficiently for projects of any scale. The company is a licensed contractor in multiple states and is actively expanding its operational territory.

How much funding has Advanced Utility Services raised?

Advanced Utility Services has raised a total of $729K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$379K

Debt (2020): $350K with participation from PPP

Debt (2021): $379K led by PPP

Key Investors in Advanced Utility Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Advanced Utility Services?

The recent major strategic investment signals a new phase of expansion and operational enhancement for Advanced Utility Services. This capital infusion is expected to fuel the company's growth trajectory, potentially enabling further market penetration, technological advancements in meter installation and data management, and the expansion of its licensed service areas. AUS's focus on providing a complete turn-key offering positions it to capitalize on the ongoing modernization of utility infrastructure, suggesting a strategic push towards solidifying its leadership in the industry.

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Frequently Asked Questions Regarding Advanced Utility Services Financial Insights

What are the most recent funding rounds that Advanced Utility Services has completed, and what were the funding rounds?
Advanced Utility Services has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Advanced Utility Services has raised to date?
Advanced Utility Services has raised a total of $729K in funding to date.
How many funding rounds has Advanced Utility Services completed?
Advanced Utility Services has completed 2 funding rounds.
How much funding did Advanced Utility Services raise in its most recent funding round?
Advanced Utility Services raised $379K in its most recent funding round.
Who are the lead investors in Advanced Utility Services's latest funding round?
The lead investor in Advanced Utility Services'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 Advanced Utility Services's history?
The largest funding round in Advanced Utility Services's history was $379K.
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