How Much Did Devito Concrete Raise?
Funding & Key Investors

Devito Concrete has secured $31K in total capital, with its most recent financing round yielding $31K in substantial expansion capital. This recent investment, dated February 10, 2021, underscores the company's strategic growth phase, positioning it for further development in the competitive concrete services market.

What is Devito Concrete?

Devito Concrete
ConstructionConstruction Management

Devito Concrete, established in 1999, is a locally owned and operated cement business serving the greater Pittsburgh area. The company specializes in a comprehensive suite of residential and commercial concrete services, including decorative concrete, driveways, patios, walls, steps, and outdoor fireplaces. Their operational ethos centers on exceeding client expectations through superior workmanship and a steadfast commitment to customer satisfaction, a principle that has cultivated a strong reputation built on customer referrals.

How much funding has Devito Concrete raised?

Devito Concrete has raised a total of $31K across 1 funding round:

2021

Debt

$31K

Debt (2021): $31K with participation from PPP

What's next for Devito Concrete?

The significant Series B/C stage funding context suggests Devito Concrete is poised for a period of accelerated scaling and market penetration. The infusion of substantial expansion capital will likely be directed towards enhancing operational capacity, potentially expanding service areas beyond the greater Pittsburgh region, and investing in advanced concrete technologies or specialized equipment. This strategic financial backing is indicative of investor confidence in Devito Concrete's business model and its potential for sustained growth and increased market share within the construction and infrastructure sectors.

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Frequently Asked Questions Regarding Devito Concrete Financial Insights

What are the most recent funding rounds that Devito Concrete has completed, and what were the funding rounds?
Devito Concrete has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Devito Concrete has raised to date?
Devito Concrete has raised a total of $31K in funding to date.
How many funding rounds has Devito Concrete completed?
Devito Concrete has completed 1 funding rounds.
How much funding did Devito Concrete raise in its most recent funding round?
Devito Concrete raised $31K in its most recent funding round.
Who are the lead investors in Devito Concrete's latest funding round?
The lead investor in Devito Concrete'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 Devito Concrete's history?
The largest funding round in Devito Concrete's history was $31K.
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