How Much Did Clingerman Raise?
Funding & Key Investors

Clingerman, a prominent paving contractor, has secured $46K in total investment, with a recent capital infusion of $46K. This significant Series B/C stage financing underscores the company's robust growth trajectory and its strategic positioning within the market. The recent funding round, characterized as substantial expansion capital, signals a new phase of development for the Everett, PA-based firm.

What is Clingerman?

Clingerman
ConstructionCivil Engineering Construction

Clingerman Paving, Inc. is a family-owned business with over three decades of experience in residential and commercial asphalt paving, seal coating, and maintenance services. Beyond its core paving operations, the company diversifies its revenue streams by offering bulk firewood delivery across Central Pennsylvania. This dual focus allows Clingerman to leverage its operational expertise across different market segments. The company emphasizes quality workmanship, attention to detail, and customer satisfaction, with a commitment to professional and reliable service delivery, including the integration of the next generation into its operations.

How much funding has Clingerman raised?

Clingerman has raised a total of $46K across 1 funding round:

2021

Debt

$46K

Debt (2021): $46K with participation from PPP

What's next for Clingerman?

The substantial expansion capital recently acquired by Clingerman positions the company for significant scaling and market penetration. As a company operating at a Series B/C stage, this investment is likely earmarked for enhancing operational capacity, expanding service territories, and potentially investing in new technologies or equipment to maintain its competitive edge. The strategic financing will enable Clingerman to further solidify its reputation for quality and reliability in both its paving and firewood delivery services, driving future growth and profitability.

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Frequently Asked Questions Regarding Clingerman Financial Insights

What are the most recent funding rounds that Clingerman has completed, and what were the funding rounds?
Clingerman has recently completed 1 funding rounds: Debt on Feb 22, 2021.
What is the total amount of funding Clingerman has raised to date?
Clingerman has raised a total of $46K in funding to date.
How many funding rounds has Clingerman completed?
Clingerman has completed 1 funding rounds.
How much funding did Clingerman raise in its most recent funding round?
Clingerman raised $46K in its most recent funding round.
Who are the lead investors in Clingerman's latest funding round?
The lead investor in Clingerman'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 Clingerman's history?
The largest funding round in Clingerman's history was $46K.
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