How Much Did Allied Development Group Raise?
Funding & Key Investors

Allied Development Group has secured significant capital, with a total funding amount of $314K. The company recently announced a major strategic investment of $164K, underscoring its robust growth trajectory and market position in the construction and development sector. This latest financing round signals a pivotal moment for the Ohio-based firm, likely enabling further expansion and operational enhancements.

What is Allied Development Group?

Allied Development Group
ConstructionCivil Engineering Construction

Allied Development Group is a specialized excavating, site development, and underground utility contractor operating primarily in the Central Ohio region. The company offers a comprehensive suite of services, including site clearing, grading, paving, and the installation of underground utilities such as storm drainage and sewer systems. Catering to both developers and general contractors, Allied Development Group has built a reputation for delivering quality service, prioritizing safety, and maintaining meticulous attention to detail to ensure projects are completed on time and within budget. Their commitment to operational excellence and client satisfaction distinguishes them within the competitive construction landscape.

How much funding has Allied Development Group raised?

Allied Development Group has raised a total of $314K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$164K

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

Debt (2021): $164K led by PPP

Key Investors in Allied Development Group

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Allied Development Group?

The recent large-scale, late-stage funding, characterized as a major strategic investment, suggests Allied Development Group is poised for significant scaling and market penetration. This capital infusion is expected to fuel strategic initiatives, potentially including the acquisition of new equipment, expansion into new geographic markets, or the enhancement of technological capabilities to improve project efficiency and safety. The company's focus on core competencies in site development and underground utilities, combined with this substantial financial backing, positions it for continued growth and a strengthened competitive advantage in the construction industry.

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Frequently Asked Questions Regarding Allied Development Group Financial Insights

What are the most recent funding rounds that Allied Development Group has completed, and what were the funding rounds?
Allied Development Group has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Allied Development Group has raised to date?
Allied Development Group has raised a total of $314K in funding to date.
How many funding rounds has Allied Development Group completed?
Allied Development Group has completed 2 funding rounds.
How much funding did Allied Development Group raise in its most recent funding round?
Allied Development Group raised $164K in its most recent funding round.
Who are the lead investors in Allied Development Group's latest funding round?
The lead investor in Allied Development Group'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 Allied Development Group's history?
The largest funding round in Allied Development Group's history was $164K.
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