How Much Did Asphalt Patching Raise?
Funding & Key Investors

Asphalt Patching, a company with a legacy dating back to 1915, has recently secured a major strategic investment as part of its large-scale late-stage funding initiatives. The total capital raised to date stands at $300K, with the most recent financing round contributing $150K to its operational and growth objectives. This strategic capital infusion underscores the company's established position in the market and its ongoing commitment to expansion and service enhancement.

What is Asphalt Patching?

Asphalt Patching
ConstructionCivil Engineering Construction

Asphalt Patching Inc., operating under its current name since 1995, is a long-standing entity in the paving and asphalt maintenance sector. The Brillhart family's ownership and operation emphasize a commitment to integrity, ethics, and customer satisfaction. The company offers comprehensive services including driveway, street, and parking lot paving, alongside repairs and maintenance, ensuring a uniformed textured surface through skilled expertise. Their business model is built on a foundation of decades of experience, providing free estimates to ensure transparency in project timelines and costs.

How much funding has Asphalt Patching raised?

Asphalt Patching has raised a total of $300K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$150K

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

Debt (2021): $150K led by PPP

What's next for Asphalt Patching?

With the recent strategic investment, Asphalt Patching is poised for continued development and market penetration. The company's focus on core values and customer-centric services, combined with its extensive history, positions it favorably for future growth. This latest round of financing is expected to fuel further enhancements in service delivery, operational efficiency, and potentially, market expansion, reinforcing its role as a key player in the infrastructure and paving industry. The company's trajectory suggests a strategic approach to leveraging capital for sustained success.

See full Asphalt Patching company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Asphalt Patching Financial Insights

What are the most recent funding rounds that Asphalt Patching has completed, and what were the funding rounds?
Asphalt Patching has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on May 3, 2020.
What is the total amount of funding Asphalt Patching has raised to date?
Asphalt Patching has raised a total of $300K in funding to date.
How many funding rounds has Asphalt Patching completed?
Asphalt Patching has completed 2 funding rounds.
How much funding did Asphalt Patching raise in its most recent funding round?
Asphalt Patching raised $150K in its most recent funding round.
Who are the lead investors in Asphalt Patching's latest funding round?
The lead investor in Asphalt Patching'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 Asphalt Patching's history?
The largest funding round in Asphalt Patching's history was $150K.
See more information about Asphalt Patching