How Much Did Myers Construction Raise?
Funding & Key Investors

Myers Construction has solidified its position as a cornerstone of regional infrastructure development, recently securing a major strategic investment to bolster its operational capacity. With a cumulative capital infusion reaching $1.2M, the firm continues to leverage its long-standing expertise in utility and salvage services. The most recent financing round, totaling $870K, underscores the company's commitment to scaling its horizontal drilling and directional boring capabilities in an increasingly competitive industrial landscape.

What is Myers Construction?

Myers Construction
ConstructionCivil Engineering ConstructionConstruction Management

For over six decades, Myers Construction has served as a critical provider of utility, construction, and salvage services. The company maintains a robust market position by specializing in complex technical operations such as directional boring and horizontal drilling, while simultaneously managing large-scale earthwork and aggregate supply chains. By balancing water and sewer infrastructure projects with diverse construction requirements, the firm has cultivated a reputation for safety and professional reliability. This operational versatility allows Myers Construction to navigate both public and private sector demands, ensuring consistent project delivery across the state while maintaining a culture centered on workforce stability and technical excellence.

How much funding has Myers Construction raised?

Myers Construction has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$870K

Debt (2020): $350K with participation from PPP

Debt (2021): $870K led by PPP

Key Investors in Myers Construction

PPP

Public-Private Partnership

What's next for Myers Construction?

The influx of capital from the recent strategic investment positions Myers Construction to modernize its equipment fleet and expand its footprint in the utility infrastructure sector. As the firm transitions into this next phase of growth, management is expected to prioritize the integration of advanced drilling technologies to improve project efficiency and safety margins. By optimizing its aggregate supply chain and scaling its earthwork capabilities, the company is well-positioned to capture larger enterprise-level contracts. This strategic trajectory suggests a focus on long-term sustainability and market dominance, leveraging its historical experience to meet the evolving demands of modern civil engineering and utility maintenance projects.

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Frequently Asked Questions Regarding Myers Construction Financial Insights

What are the most recent funding rounds that Myers Construction has completed, and what were the funding rounds?
Myers Construction has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Myers Construction has raised to date?
Myers Construction has raised a total of $1.2M in funding to date.
How many funding rounds has Myers Construction completed?
Myers Construction has completed 2 funding rounds.
How much funding did Myers Construction raise in its most recent funding round?
Myers Construction raised $870K in its most recent funding round.
Who are the lead investors in Myers Construction's latest funding round?
The lead investor in Myers Construction'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 Myers Construction's history?
The largest funding round in Myers Construction's history was $870K.
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