How Much Did Excavating Raise?
Funding & Key Investors

Excavating has secured $396K in total capital, with its most recent financing round bringing in $246K. This major strategic investment underscores the company's position in the market and its trajectory towards further expansion.

What is Excavating?

Excavating
ConstructionCivil Engineering ConstructionConstruction Management

Al's Excavating, Inc., operating as Excavating, is a seasoned, full-service excavating contractor with over four decades of operational history in West Michigan. The company's expertise spans critical construction services including comprehensive site preparation, earthwork, road construction, drainage system repairs, and snow removal. Serving a diverse clientele across residential, commercial, and industrial sectors, Excavating has established itself as a reliable entity, evidenced by its pre-qualification with the State of Michigan for various construction projects. The firm operates with full insurance and bonding, adhering to all necessary state licensing requirements.

How much funding has Excavating raised?

Excavating has raised a total of $396K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$246K

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

Debt (2021): $246K led by PPP

What's next for Excavating?

The company's large-scale, late-stage funding context suggests a mature operational phase, likely focused on scaling existing services, expanding geographic reach, or investing in new equipment and technology to maintain its competitive edge. This strategic capital infusion is expected to fuel further growth and solidify its market presence in the construction and excavation industry.

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Frequently Asked Questions Regarding Excavating Financial Insights

What are the most recent funding rounds that Excavating has completed, and what were the funding rounds?
Excavating has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Jun 25, 2020.
What is the total amount of funding Excavating has raised to date?
Excavating has raised a total of $396K in funding to date.
How many funding rounds has Excavating completed?
Excavating has completed 2 funding rounds.
How much funding did Excavating raise in its most recent funding round?
Excavating raised $246K in its most recent funding round.
Who are the lead investors in Excavating's latest funding round?
The lead investor in Excavating'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 Excavating's history?
The largest funding round in Excavating's history was $246K.
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