What is Asphalt Patch Systems?
Asphalt Patch Systems is a comprehensive paving solutions provider with a legacy dating back to 1981, specializing in asphalt and concrete repair, replacement, and resurfacing across the Pacific Northwest. The company serves a broad spectrum of clients, including municipal bodies, utility firms, commercial property owners, and residential customers. Renowned for its operational efficiency and swift project execution, Asphalt Patch Systems offers a full suite of services, encompassing traffic management, excavation, and site preparation, solidifying its reputation as a reliable partner for infrastructure and property maintenance.
How much funding has Asphalt Patch Systems raised?
Asphalt Patch Systems has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Asphalt Patch Systems?
The recent large-scale, late-stage funding indicates a strategic pivot or significant expansion phase for Asphalt Patch Systems. This capital infusion is likely earmarked for enhancing operational capacity, potentially through the acquisition of new equipment, expansion into new geographic markets within the Pacific Northwest, or the development of advanced repair technologies. The company's focus on both municipal and commercial sectors suggests a strategy aimed at capturing larger contracts and solidifying its market leadership through enhanced service offerings and broader reach.
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