How Much Did Laurel Asphalt Raise?
Funding & Key Investors

Laurel Asphalt has successfully secured a significant capital injection, bringing its cumulative financing to $313K. This latest infusion of $163K represents a major strategic investment aimed at bolstering the company's operational capacity across its core service territories in Pennsylvania, Ohio, and Maryland. By leveraging this debt-based financing, the firm continues to solidify its balance sheet while maintaining its commitment to high-quality infrastructure delivery.

What is Laurel Asphalt?

Laurel Asphalt
ConstructionCivil Engineering ConstructionConstruction Management

Headquartered in Windber, Pennsylvania, Laurel Asphalt operates as a comprehensive paving and site-development specialist with over two decades of industry experience. The company provides an end-to-end suite of services, ranging from foundational excavating and grading to complex drainage solutions and precision line striping. Beyond standard asphalt applications, the firm distinguishes itself through the integration of specialty finishing technologies such as StreetPrint and DuraTherm, catering to both residential and commercial client segments. This technical versatility has positioned the company as a reliable partner for large-scale regional infrastructure projects.

How much funding has Laurel Asphalt raised?

Laurel Asphalt has raised a total of $313K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$163K

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

Debt (2021): $163K led by PPP

Key Investors in Laurel Asphalt

PPP

Public-Private Partnership

What's next for Laurel Asphalt?

With this recent capital deployment, Laurel Asphalt is well-positioned to scale its service offerings and enhance its regional footprint. The strategic focus will likely shift toward optimizing fleet efficiency and expanding the adoption of advanced surfacing technologies to meet the growing demand for durable, high-performance pavement solutions. As the company navigates this late-stage growth phase, the emphasis remains on operational excellence and the continued modernization of its service delivery model to maintain a competitive edge in the mid-Atlantic construction market.

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Frequently Asked Questions Regarding Laurel Asphalt Financial Insights

What are the most recent funding rounds that Laurel Asphalt has completed, and what were the funding rounds?
Laurel Asphalt has recently completed 2 funding rounds: Debt on Mar 17, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Laurel Asphalt has raised to date?
Laurel Asphalt has raised a total of $313K in funding to date.
How many funding rounds has Laurel Asphalt completed?
Laurel Asphalt has completed 2 funding rounds.
How much funding did Laurel Asphalt raise in its most recent funding round?
Laurel Asphalt raised $163K in its most recent funding round.
Who are the lead investors in Laurel Asphalt's latest funding round?
The lead investor in Laurel Asphalt'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 Laurel Asphalt's history?
The largest funding round in Laurel Asphalt's history was $163K.
See more information about Laurel Asphalt