How Much Did Lakeridge Paving Raise?
Funding & Key Investors

Lakeridge Paving has solidified its market position through a significant capital injection, bringing its total funding to $1M. This recent strategic investment of $1M marks a pivotal moment for the Seattle-based infrastructure firm, enabling the company to scale its operational capacity and modernize its service delivery model. By securing this financing, Lakeridge Paving is well-positioned to expand its footprint in the competitive asphalt and site development sector, leveraging decades of industry expertise to meet the growing demands of both residential and commercial clients.

What is Lakeridge Paving?

Lakeridge Paving
ConstructionConstruction ManagementCivil Engineering Construction

Lakeridge Paving Co. operates as a cornerstone of the Seattle construction landscape, providing comprehensive asphalt paving and site development solutions. With a legacy spanning over fifty years, the firm has cultivated a reputation for technical precision in driveway installation, parking lot construction, and complex industrial site utility services. The company distinguishes itself through a customer-centric methodology that prioritizes long-term durability and aesthetic functionality. By integrating traditional paving craftsmanship with modern project management standards, Lakeridge Paving serves a diverse clientele ranging from individual homeowners to large-scale project managers, ensuring that every infrastructure project enhances the overall value and utility of the property.

How much funding has Lakeridge Paving raised?

Lakeridge Paving has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Lakeridge Paving

PPP

Public-Private Partnership

What's next for Lakeridge Paving?

With the infusion of this major strategic investment, Lakeridge Paving is poised to enter a new phase of enterprise-level growth. The company is expected to focus on upgrading its heavy machinery fleet and expanding its service territory across the Pacific Northwest. Strategic priorities likely include the adoption of sustainable paving technologies and the optimization of supply chain logistics to mitigate rising material costs. As the firm transitions into this scaling phase, the focus will remain on maintaining the high-quality service standards that have defined its half-century history while aggressively pursuing larger industrial contracts and municipal infrastructure opportunities.

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Frequently Asked Questions Regarding Lakeridge Paving Financial Insights

What are the most recent funding rounds that Lakeridge Paving has completed, and what were the funding rounds?
Lakeridge Paving has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Lakeridge Paving has raised to date?
Lakeridge Paving has raised a total of $1M in funding to date.
How many funding rounds has Lakeridge Paving completed?
Lakeridge Paving has completed 1 funding rounds.
How much funding did Lakeridge Paving raise in its most recent funding round?
Lakeridge Paving raised $1M in its most recent funding round.
Who are the lead investors in Lakeridge Paving's latest funding round?
The lead investor in Lakeridge Paving'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 Lakeridge Paving's history?
The largest funding round in Lakeridge Paving's history was $1M.
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