What is Double H Locates?
Double H Locates operates within the Energy, Utilities & Waste industry, a sector critical to infrastructure and environmental management. With a team size estimated between 5 to 9 employees and a revenue range of $1M to $5M, the company is currently navigating its growth phase. Headquartered in Marshall, Virginia, Double H Locates is focused on developing solutions or services that address key challenges in its operational domain. The company's current stage, indicated by significant Series B/C funding, suggests a transition from early-stage development to a scaling phase, where strategic investments are crucial for market penetration and operational enhancement.
How much funding has Double H Locates raised?
Double H Locates has raised a total of $98K across 1 funding round:
Debt
$98K
Debt (2021): $98K with participation from PPP
Key Investors in Double H Locates
PPP
Public-Private Partnership
What's next for Double H Locates?
The substantial expansion capital recently acquired by Double H Locates signals a clear intent for accelerated growth and market consolidation. As the company moves through its Series B/C stage, it is likely to focus on enhancing its service offerings, expanding its geographical reach, and potentially investing in technological advancements to maintain a competitive edge. This strategic financing will enable Double H Locates to solidify its position in the Energy, Utilities & Waste industry, pursue new business development initiatives, and optimize its operational efficiencies to meet increasing market demands. Future developments will likely center on demonstrating a clear return on investment and achieving sustainable profitability.
See full Double H Locates company page
