How Much Did Hine Sitework Raise?
Funding & Key Investors

Hine Sitework, a prominent North Carolina-based general contractor, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $350K, marks a significant milestone in the firm's trajectory, bringing its cumulative financial backing to $350K. The transaction underscores the company's robust market position within the competitive landscape of turnkey sitework services and infrastructure development.

As the construction sector faces increasing demand for integrated site preparation and utility installation, this financing provides the necessary liquidity to scale operations. By leveraging this capital, Hine Sitework is well-positioned to enhance its service delivery across its core competencies, ranging from demolition and grading to complex storm drainage and asphalt paving projects.

What is Hine Sitework?

Hine Sitework
ConstructionCivil Engineering ConstructionConstruction Management

Headquartered in Goldsboro, North Carolina, Hine Sitework, Inc. operates as a specialized general contractor with two decades of industry experience. The firm distinguishes itself through a comprehensive turnkey service model, managing the entire lifecycle of site preparation. Their technical expertise encompasses clearing and grubbing, erosion control, and the installation of critical utility infrastructure, including water and sewer systems. Furthermore, the company maintains a strong focus on finishing services, such as curb and gutter installation, concrete and asphalt paving, and precise pavement markings. By maintaining a rigorous commitment to safety and project timelines, Hine Sitework has established itself as a reliable partner for large-scale commercial and industrial developments throughout the region.

How much funding has Hine Sitework raised?

Hine Sitework has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Hine Sitework

PPP

Public-Private Partnership

What's next for Hine Sitework?

With the successful acquisition of this latest investment, Hine Sitework is poised to enter a new phase of organizational maturity. The strategic deployment of these funds will likely focus on upgrading heavy machinery fleets, expanding the workforce to meet regional demand, and optimizing project management workflows to improve margins. As the firm transitions from a regional player to a more dominant force in the North Carolina construction market, the focus will remain on maintaining the high-quality standards that have defined its two-decade history. Future growth initiatives will likely involve scaling their turnkey capabilities to accommodate larger, more complex infrastructure projects, thereby solidifying their reputation as a premier provider of site development solutions.

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Frequently Asked Questions Regarding Hine Sitework Financial Insights

What are the most recent funding rounds that Hine Sitework has completed, and what were the funding rounds?
Hine Sitework has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Hine Sitework has raised to date?
Hine Sitework has raised a total of $350K in funding to date.
How many funding rounds has Hine Sitework completed?
Hine Sitework has completed 1 funding rounds.
How much funding did Hine Sitework raise in its most recent funding round?
Hine Sitework raised $350K in its most recent funding round.
Who are the lead investors in Hine Sitework's latest funding round?
The lead investor in Hine Sitework'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 Hine Sitework's history?
The largest funding round in Hine Sitework's history was $350K.
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