How Much Did Deevan Raise?
Funding & Key Investors

Deevan Inc, a cornerstone of Florida's civil infrastructure sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $150K. This latest infusion of $150K underscores the firm's robust market position and its critical role in maintaining essential underground utility systems across the Palm Beach, Martin, and St. Lucie regions. By leveraging this financial backing, the company reinforces its capacity to execute complex municipal and residential projects with heightened operational efficiency.

What is Deevan?

Deevan
ConstructionCivil Engineering Construction

Established in 1989, Deevan Inc operates as a State Certified Underground Utility Contractor, specializing in the comprehensive lifecycle management of critical infrastructure. The firm provides expert construction, repair, and maintenance services for storm drainage, water distribution, and sanitary sewer systems. Beyond core utility work, Deevan Inc offers specialized installation for lift stations and grease traps, alongside extensive site development capabilities including clearing, grading, and asphalt paving. Their long-standing reputation among local municipalities and general contractors positions them as a primary service provider for regional development and public works projects.

How much funding has Deevan raised?

Deevan has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Deevan

PPP

Public-Private Partnership

What's next for Deevan?

With this late-stage capital injection, Deevan Inc is well-positioned to scale its service offerings and modernize its fleet to meet the growing demand for infrastructure resilience in Florida. The strategic allocation of these funds will likely focus on expanding the company's footprint in site work and utility maintenance, ensuring that they remain at the forefront of civil engineering standards. As the firm continues to navigate the complexities of large-scale utility projects, this financial stability provides the necessary runway to pursue long-term municipal contracts and enhance its competitive advantage in the regional construction market.

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Frequently Asked Questions Regarding Deevan Financial Insights

What are the most recent funding rounds that Deevan has completed, and what were the funding rounds?
Deevan has recently completed 1 funding rounds: Debt on May 6, 2020.
What is the total amount of funding Deevan has raised to date?
Deevan has raised a total of $150K in funding to date.
How many funding rounds has Deevan completed?
Deevan has completed 1 funding rounds.
How much funding did Deevan raise in its most recent funding round?
Deevan raised $150K in its most recent funding round.
Who are the lead investors in Deevan's latest funding round?
The lead investor in Deevan'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 Deevan's history?
The largest funding round in Deevan's history was $150K.
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