How Much Did CriLon Raise?
Funding & Key Investors

CriLon, a prominent player in the heavy highway construction sector, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative milestone of $755K in total financing, underscored by a recent strategic injection of $405K. This influx of liquidity positions the Somerset-based contractor to further solidify its footprint across the Northeastern United States, leveraging robust financial backing to scale its specialized infrastructure services.

What is CriLon?

CriLon
ConstructionCivil Engineering ConstructionConstruction Management

Established in 2015, CriLon Corp has evolved into a premier provider of heavy highway construction, asphalt maintenance, and concrete paving solutions. Operating primarily out of Somerset, Pennsylvania, the company maintains a diverse service portfolio that encompasses complex excavation, bridge span construction, and the installation of box culverts. By integrating industry-leading equipment with high-grade materials, CriLon has established a reputation for technical precision in both commercial and residential markets. Their operational reach extends across key regional hubs, including Harrisburg, York, and Philadelphia, where they continue to address the growing demand for durable infrastructure and pavement maintenance.

How much funding has CriLon raised?

CriLon has raised a total of $755K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$405K

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

Debt (2021): $405K led by PPP

Key Investors in CriLon

PPP

Public-Private Partnership

What's next for CriLon?

With the recent infusion of capital, CriLon is well-positioned to transition into a more aggressive growth phase, focusing on the modernization of its fleet and the expansion of its regional service capabilities. The company's strategic roadmap likely involves scaling its project management infrastructure to handle larger-scale public and private sector contracts. By prioritizing operational efficiency and technical excellence, CriLon aims to capitalize on the ongoing revitalization of regional transportation networks, ensuring long-term sustainability and market leadership in the competitive heavy construction landscape.

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Frequently Asked Questions Regarding CriLon Financial Insights

What are the most recent funding rounds that CriLon has completed, and what were the funding rounds?
CriLon has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 4, 2020.
What is the total amount of funding CriLon has raised to date?
CriLon has raised a total of $755K in funding to date.
How many funding rounds has CriLon completed?
CriLon has completed 2 funding rounds.
How much funding did CriLon raise in its most recent funding round?
CriLon raised $405K in its most recent funding round.
Who are the lead investors in CriLon's latest funding round?
The lead investor in CriLon'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 CriLon's history?
The largest funding round in CriLon's history was $405K.
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