What is Arrow Paving?
Arrow Paving Co. Inc., based in Lexington, TN, is a seasoned provider of asphalt services with over four decades of industry experience. The company specializes in asphalt paving, comprehensive repairs, and the sale of asphalt materials, catering to both residential and commercial clients across Henderson County and surrounding regions. Known for its commitment to quality and free estimates, Arrow Paving leverages its skilled team to address diverse asphalt needs, establishing itself as a reliable entity in its operational domain.
How much funding has Arrow Paving raised?
Arrow Paving has raised a total of $348K across 2 funding rounds:
Debt
$150K
Debt
$198K
Debt (2020): $150K with participation from PPP
Debt (2021): $198K led by PPP
What's next for Arrow Paving?
The recent large-scale, late-stage funding context suggests Arrow Paving is poised for significant expansion or strategic initiatives. This infusion of capital, particularly the major strategic investment, likely signals an intent to scale operations, enhance service offerings, or pursue market consolidation. Given the company's long-standing presence and established reputation, this financing could fuel technological advancements in paving or expand its geographical reach, solidifying its competitive advantage in the asphalt industry.
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