How Much Did Ault Excavating Raise?
Funding & Key Investors

Ault Excavating has successfully secured a significant capital injection, bringing its total cumulative financing to $350K. This latest round, characterized by a $350K major strategic investment, underscores the firm's robust operational trajectory and its established presence within the regional construction landscape. By leveraging this influx of liquidity, the company is positioned to fortify its balance sheet and expand its service delivery capabilities across the Spanish Fork corridor and beyond.

The infusion of capital arrives at a pivotal juncture for the firm, which has maintained a consistent growth profile since its inception in 2004. This financing event serves as a testament to the company's enduring market relevance and its ability to attract institutional interest in the heavy civil and site development sectors.

What is Ault Excavating?

Ault Excavating
ConstructionCivil Engineering ConstructionConsumer Services

Ault Excavating operates as a comprehensive site development and excavation specialist, providing a diverse suite of services ranging from large-scale basement excavation to intricate landscaping and rock retaining wall construction. With over a decade of operational history, the firm has cultivated a reputation for technical proficiency in grading, hauling, and the installation of critical sewer and water infrastructure. By serving both residential and commercial client bases, Ault Excavating occupies a vital niche in the local infrastructure ecosystem, balancing high-volume earthmoving requirements with precision landscaping projects. Their business model is predicated on long-term reliability and technical expertise, allowing them to maintain a competitive edge in a fragmented construction market.

How much funding has Ault Excavating raised?

Ault Excavating has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Ault Excavating

PPP

Public-Private Partnership

What's next for Ault Excavating?

With the successful closure of this late-stage financing, Ault Excavating is expected to prioritize the modernization of its heavy machinery fleet and the scaling of its project management infrastructure. The strategic deployment of these funds will likely focus on enhancing operational efficiency, thereby allowing the firm to undertake more complex, high-margin commercial contracts. As the regional demand for site preparation and utility infrastructure continues to accelerate, the company is well-positioned to capture additional market share. Future growth initiatives will likely involve the integration of advanced grading technologies and the expansion of its service footprint, ensuring that Ault Excavating remains a primary contractor for both private developers and municipal infrastructure projects in the coming fiscal cycles.

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Frequently Asked Questions Regarding Ault Excavating Financial Insights

What are the most recent funding rounds that Ault Excavating has completed, and what were the funding rounds?
Ault Excavating has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Ault Excavating has raised to date?
Ault Excavating has raised a total of $350K in funding to date.
How many funding rounds has Ault Excavating completed?
Ault Excavating has completed 1 funding rounds.
How much funding did Ault Excavating raise in its most recent funding round?
Ault Excavating raised $350K in its most recent funding round.
Who are the lead investors in Ault Excavating's latest funding round?
The lead investor in Ault Excavating'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 Ault Excavating's history?
The largest funding round in Ault Excavating's history was $350K.
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