How Much Did Elite Site Development Raise?
Funding & Key Investors

Elite Site Development has secured $721K in total capital, with its most recent financing round totaling $371K from a major strategic investment. This recent backing, dated January 23, 2021, signifies a significant milestone for the civil site company as it continues its growth trajectory.

What is Elite Site Development?

Elite Site Development
ConstructionCivil Engineering Construction

Founded in 2015 by Eric McDaniel, Elite Site Development has evolved from a sole proprietorship into a substantial enterprise employing over 40 individuals. The company specializes in comprehensive civil site services, encompassing preconstruction planning, project management, land clearing, and asphalt painting. It has established a reputation for quality craftsmanship and collaborative client partnerships, serving notable clients such as U-Haul and Barton Malow. The company's operational ethos centers on teamwork and transforming client visions into tangible realities through dedicated construction practices.

How much funding has Elite Site Development raised?

Elite Site Development has raised a total of $721K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$371K

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

Debt (2021): $371K led by PPP

What's next for Elite Site Development?

The recent major strategic investment indicates Elite Site Development is poised for further expansion and operational enhancement. This capital infusion is likely to fuel advancements in service capabilities, potentially broadening its market reach and reinforcing its position as a key player in the civil site development sector. The company's established track record with major clients suggests a strong foundation for leveraging this new financing to pursue larger-scale projects and solidify its competitive advantage.

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Frequently Asked Questions Regarding Elite Site Development Financial Insights

What are the most recent funding rounds that Elite Site Development has completed, and what were the funding rounds?
Elite Site Development has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 3, 2020.
What is the total amount of funding Elite Site Development has raised to date?
Elite Site Development has raised a total of $721K in funding to date.
How many funding rounds has Elite Site Development completed?
Elite Site Development has completed 2 funding rounds.
How much funding did Elite Site Development raise in its most recent funding round?
Elite Site Development raised $371K in its most recent funding round.
Who are the lead investors in Elite Site Development's latest funding round?
The lead investor in Elite Site Development'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 Elite Site Development's history?
The largest funding round in Elite Site Development's history was $371K.
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