What is Drew?
Drew Corporation, a family-owned and operated entity based in Lovell, Maine, has been providing a comprehensive suite of services since 1999. The company specializes in excavation, concrete work, and wood harvesting, catering to a diverse clientele that includes residential homeowners, municipalities, and commercial entities. Their excavation services encompass general site preparation, septic system installation, and road construction. In parallel, their wood harvesting operations serve both residential and commercial needs, complemented by direct firewood sales. The concrete division offers essential services such as foundation pouring and cutting, establishing Drew Corporation as a versatile provider in its operational region.
How much funding has Drew raised?
Drew has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Drew
PPP
Public-Private Partnership
What's next for Drew?
The substantial late-stage funding indicates a strategic pivot or an aggressive growth phase for Drew Corporation. This influx of capital, particularly the recent major strategic investment, suggests an intent to scale operations, potentially through market expansion, service diversification, or technological integration. The company's established track record in excavation, concrete, and wood harvesting provides a solid foundation for leveraging this new financing to enhance its competitive edge and solidify its market leadership.
See full Drew company page
