How Much Did B&G Sealcoating Raise?
Funding & Key Investors

B&G Sealcoating has successfully secured a significant infusion of capital, bringing its total funding to $18K. This latest round, which provided $18K in moderate growth capital, underscores the firm's strengthening position within the regional infrastructure maintenance sector. By leveraging this financial backing, the company is well-positioned to scale its operational capacity and enhance its service delivery model across the Binghamton, NY market.

What is B&G Sealcoating?

B&G Sealcoating
ConstructionCivil Engineering ConstructionConsumer Services

B&G Sealcoating, Paving and Line Striping operates as a specialized provider of essential pavement maintenance solutions. Founded by industry veterans Greg McMurray and Rick Annunziata, the enterprise offers a comprehensive suite of services, including professional sealcoating, asphalt paving, crack filling, and precision line striping. The company serves a diverse clientele, ranging from residential homeowners to large-scale commercial property managers. By prioritizing high-quality asphalt repair and reliable service standards, B&G Sealcoating has established itself as a critical partner for property owners looking to extend the lifecycle of their paved surfaces through proactive maintenance and expert installation.

How much funding has B&G Sealcoating raised?

B&G Sealcoating has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in B&G Sealcoating

PPP

Public-Private Partnership

What's next for B&G Sealcoating?

With the recent injection of growth capital, B&G Sealcoating is poised to transition into a more aggressive expansion phase. The strategic allocation of these funds will likely focus on upgrading heavy machinery, expanding the service fleet, and potentially broadening the company's geographic footprint beyond its current Binghamton base. As the firm moves through its current growth stage, the focus will remain on optimizing operational efficiency and capturing a larger share of the commercial paving market. By maintaining its commitment to quality and customer-centric service, the company is building a sustainable foundation for long-term profitability and market leadership in the regional construction and maintenance industry.

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Frequently Asked Questions Regarding B&G Sealcoating Financial Insights

What are the most recent funding rounds that B&G Sealcoating has completed, and what were the funding rounds?
B&G Sealcoating has recently completed 1 funding rounds: Debt on Jan 17, 2021.
What is the total amount of funding B&G Sealcoating has raised to date?
B&G Sealcoating has raised a total of $18K in funding to date.
How many funding rounds has B&G Sealcoating completed?
B&G Sealcoating has completed 1 funding rounds.
How much funding did B&G Sealcoating raise in its most recent funding round?
B&G Sealcoating raised $18K in its most recent funding round.
Who are the lead investors in B&G Sealcoating's latest funding round?
The lead investor in B&G Sealcoating'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 B&G Sealcoating's history?
The largest funding round in B&G Sealcoating's history was $18K.
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