How Much Did Litman Excavating Raise?
Funding & Key Investors

Litman Excavating has secured $2.4M in total capital, with its most recent funding round bringing in $1.4M through a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the construction services sector.

What is Litman Excavating?

Litman Excavating
ConstructionCivil Engineering ConstructionConstruction Management

Litman Excavating, a cornerstone of the tri-state area's construction industry since 1963, offers a comprehensive suite of in-house services. These include excavation, oil and gas infrastructure, pipeline construction, site development, slip mitigation, soil stabilization, trucking, and utility work. Headquartered in New Martinsville, West Virginia, the company distinguishes itself through an unwavering commitment to safety and quality, leveraging a team with deep industry expertise. This dedication to high operational standards and a robust work ethic solidifies Litman Excavating's reputation as a reliable partner for complex projects.

How much funding has Litman Excavating raised?

Litman Excavating has raised a total of $2.4M across 2 funding rounds:

2020

Debt

$1M

2021

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

What's next for Litman Excavating?

The recent major strategic investment signals a pivotal phase for Litman Excavating, likely enabling expansion of its service capabilities, technological adoption, or geographic reach. This capital infusion is expected to fuel further development and reinforce its competitive edge in the demanding construction and infrastructure markets. The company's long-standing history and focus on core competencies suggest a strategic deployment of these new resources to enhance operational efficiency and project delivery.

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Frequently Asked Questions Regarding Litman Excavating Financial Insights

What are the most recent funding rounds that Litman Excavating has completed, and what were the funding rounds?
Litman Excavating has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Litman Excavating has raised to date?
Litman Excavating has raised a total of $2.4M in funding to date.
How many funding rounds has Litman Excavating completed?
Litman Excavating has completed 2 funding rounds.
How much funding did Litman Excavating raise in its most recent funding round?
Litman Excavating raised $1.4M in its most recent funding round.
Who are the lead investors in Litman Excavating's latest funding round?
The lead investor in Litman Excavating'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 Litman Excavating's history?
The largest funding round in Litman Excavating's history was $1.4M.
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