What is Litman Excavating?
Litman Excavating, a cornerstone of the tri-state area's construction industry since 1963, offers comprehensive in-house services including excavation, oil and gas, pipeline, site work, slip mitigation, soil stabilization, trucking, and utility services. Headquartered in New Martinsville, WV, the company has built a reputation for reliability, prioritizing safety and quality through a team of seasoned industry professionals. Their commitment to high safety standards and a robust work ethic distinguishes them in a competitive market.
How much funding has Litman Excavating raised?
Litman Excavating has raised a total of $2.4M across 2 funding rounds:
Debt
$1M
Debt
$1.4M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
Key Investors in Litman Excavating
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor is participating in the funding round, contributing to the company's capital growth.
What's next for Litman Excavating?
The recent major strategic investment in Litman Excavating signals a period of potential expansion or enhanced operational capabilities. Given the company's long history and diverse service offerings, this capital infusion is likely to support the strengthening of its infrastructure, the acquisition of advanced equipment, or the expansion of its service reach within West Virginia, Ohio, and Pennsylvania. This backing will enable Litman Excavating to continue its legacy of providing essential construction services with an unwavering focus on safety and quality.
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