How Much Did Cushing Stone Raise?
Funding & Key Investors

Cushing Stone has secured $350K in total capital, with a recent strategic investment of $350K announced on April 28, 2020. This significant backing positions the company for continued expansion in the aggregate and asphalt supply sector.

What is Cushing Stone?

Cushing Stone
Minerals & MiningBuilding MaterialsManufacturing

Cushing Stone Company is a prominent supplier of New York State approved crushed limestone, serving key counties including Montgomery, Fulton, Schenectady, and Schoharie. The company specializes in providing a diverse array of aggregate products essential for commercial and residential construction. These offerings are critical for applications such as drainage, filtering, and slope stabilization. Beyond its core crushed stone products, Cushing Stone also manufactures hot mix asphalt for local clientele, complemented by convenient delivery services. Their commitment to quality and adherence to safety standards ensures their materials meet the rigorous demands of the construction industry.

How much funding has Cushing Stone raised?

Cushing Stone has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Cushing Stone

PPP

Public-Private Partnership

What's next for Cushing Stone?

The recent strategic investment, alongside the substantial total funding of $350K, indicates Cushing Stone is in a robust late-stage growth phase. This capital infusion is likely earmarked for enhancing operational capacity, expanding its product line, or potentially acquiring complementary businesses within the construction materials market. The company's focus on essential aggregate and asphalt products suggests a strategic move to solidify its market leadership and capitalize on ongoing infrastructure development and construction demands in its service regions.

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Frequently Asked Questions Regarding Cushing Stone Financial Insights

What are the most recent funding rounds that Cushing Stone has completed, and what were the funding rounds?
Cushing Stone has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Cushing Stone has raised to date?
Cushing Stone has raised a total of $350K in funding to date.
How many funding rounds has Cushing Stone completed?
Cushing Stone has completed 1 funding rounds.
How much funding did Cushing Stone raise in its most recent funding round?
Cushing Stone raised $350K in its most recent funding round.
Who are the lead investors in Cushing Stone's latest funding round?
The lead investor in Cushing Stone'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 Cushing Stone's history?
The largest funding round in Cushing Stone's history was $350K.
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