How Much Did Keystone Utility Systems Raise?
Funding & Key Investors

Keystone Utility Systems has secured $688K in total capital, with its most recent financing round bringing in $338K. This major strategic investment underscores the company's pivotal role in modernizing utility infrastructure across the United States. The context of this enterprise-level funding suggests a significant scaling or expansion phase for the company.

What is Keystone Utility Systems?

Keystone Utility Systems
ConstructionCivil Engineering ConstructionBusiness Services

Keystone Utility Systems specializes in the installation and maintenance of Advanced Metering Infrastructure (AMI) and Automatic Meter Reading (AMR) systems. The company collaborates with vendors and utilities to facilitate the upgrade of water meters nationwide. Their comprehensive service portfolio includes water meter repair, lead line surveys, and general utility maintenance, addressing the critical need for modernized water management solutions in communities. Keystone Utility Systems is actively engaged in projects such as meter replacements in Bel Air, MD, Bradford, PA, and Steamboat Springs, CO, with work scheduled to commence in 2025. The company's mission is to improve water usage efficiency through the deployment of advanced metering technology.

How much funding has Keystone Utility Systems raised?

Keystone Utility Systems has raised a total of $688K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$338K

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

Debt (2021): $338K led by PPP

Key Investors in Keystone Utility Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Keystone Utility Systems?

With the recent strategic investment, Keystone Utility Systems is poised to accelerate its expansion and further its mission of enhancing water management efficiency. The enterprise-level capital infusion is expected to fuel advancements in their AMI/AMR deployment capabilities and potentially broaden their service offerings. Future initiatives may include expanding their project pipeline into new geographical areas and forging deeper partnerships with utility providers and technology vendors. The company's focus on modernization and efficiency positions it for continued growth in the essential utility services sector.

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Frequently Asked Questions Regarding Keystone Utility Systems Financial Insights

What are the most recent funding rounds that Keystone Utility Systems has completed, and what were the funding rounds?
Keystone Utility Systems has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Keystone Utility Systems has raised to date?
Keystone Utility Systems has raised a total of $688K in funding to date.
How many funding rounds has Keystone Utility Systems completed?
Keystone Utility Systems has completed 2 funding rounds.
How much funding did Keystone Utility Systems raise in its most recent funding round?
Keystone Utility Systems raised $338K in its most recent funding round.
Who are the lead investors in Keystone Utility Systems's latest funding round?
The lead investor in Keystone Utility Systems'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 Keystone Utility Systems's history?
The largest funding round in Keystone Utility Systems's history was $350K.
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