How Much Did Mid-State Paving Raise?
Funding & Key Investors

Mid-State Paving has secured significant capital, with total funding reaching $395K following its most recent financing round of $245K on March 23, 2021. This major strategic investment underscores the company's established presence and potential for further expansion in the infrastructure sector.

What is Mid-State Paving?

Mid-State Paving
ConstructionCivil Engineering ConstructionConstruction Management

Established in 1999 in Paxtonville, Mid-State Paving is a locally owned entity specializing in comprehensive paving and construction services. The company serves a broad clientele across residential, commercial, and municipal sectors throughout Central Pennsylvania. With specialized crews dedicated to various construction needs, Mid-State Paving has built a reputation for reliable service in its operational region.

How much funding has Mid-State Paving raised?

Mid-State Paving has raised a total of $395K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$245K

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

Debt (2021): $245K led by PPP

What's next for Mid-State Paving?

The substantial late-stage funding indicates Mid-State Paving is poised for significant growth and operational scaling. This capital infusion is likely to support fleet expansion, technological upgrades, and potentially geographic market penetration within Central Pennsylvania. The strategic nature of the recent investment suggests a focus on enhancing service capabilities and solidifying its market position against competitors in the regional paving and construction industry.

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Frequently Asked Questions Regarding Mid-State Paving Financial Insights

What are the most recent funding rounds that Mid-State Paving has completed, and what were the funding rounds?
Mid-State Paving has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Mid-State Paving has raised to date?
Mid-State Paving has raised a total of $395K in funding to date.
How many funding rounds has Mid-State Paving completed?
Mid-State Paving has completed 2 funding rounds.
How much funding did Mid-State Paving raise in its most recent funding round?
Mid-State Paving raised $245K in its most recent funding round.
Who are the lead investors in Mid-State Paving's latest funding round?
The lead investor in Mid-State 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 Mid-State Paving's history?
The largest funding round in Mid-State Paving's history was $245K.
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