How Much Did Ashlind Contracting Raise?
Funding & Key Investors

Ashlind Contracting has secured $443K in total capital, with its most recent financing round totaling $293K. This major strategic investment underscores the company's established position in the underground utility and horizontal boring services sector. The company's funding history, marked by significant debt financing rounds in April 2020 and January 2021, indicates a trajectory focused on operational expansion and asset acquisition to support its extensive project portfolio across the Southeast.

What is Ashlind Contracting?

Ashlind Contracting
ConstructionCivil Engineering Construction

Ashlind Contracting Corporation is a family-owned enterprise with over two decades of specialized experience in underground utility and horizontal boring services. The company has built a strong reputation for excellence in executing projects involving sanitary sewer systems, water distribution networks, and storm drainage infrastructure throughout the Southeastern United States. Ashlind Contracting is committed to delivering high-quality, reliable, and cost-effective infrastructure solutions, leveraging advanced technology and a highly skilled workforce to meet diverse client needs while upholding stringent safety and professionalism standards.

How much funding has Ashlind Contracting raised?

Ashlind Contracting has raised a total of $443K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$293K

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

Debt (2021): $293K led by PPP

What's next for Ashlind Contracting?

The substantial capital infusion, particularly the recent strategic investment, positions Ashlind Contracting for continued growth and market leadership in the competitive infrastructure development landscape. This backing is expected to fuel further expansion of their service capabilities, potentially enabling the acquisition of new technologies or the scaling of operations to undertake larger, more complex projects. The company's focus on essential utility services suggests a resilient business model, poised to benefit from ongoing infrastructure development and modernization efforts across its service regions.

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Frequently Asked Questions Regarding Ashlind Contracting Financial Insights

What are the most recent funding rounds that Ashlind Contracting has completed, and what were the funding rounds?
Ashlind Contracting has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Ashlind Contracting has raised to date?
Ashlind Contracting has raised a total of $443K in funding to date.
How many funding rounds has Ashlind Contracting completed?
Ashlind Contracting has completed 2 funding rounds.
How much funding did Ashlind Contracting raise in its most recent funding round?
Ashlind Contracting raised $293K in its most recent funding round.
Who are the lead investors in Ashlind Contracting's latest funding round?
The lead investor in Ashlind Contracting'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 Ashlind Contracting's history?
The largest funding round in Ashlind Contracting's history was $293K.
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