NEO Funding: How Much Did They Raise & Key Investors

How Much Did NEO Raise?
Funding & Key Investors

NEO, a prominent environmental contracting solution provider, has secured significant capital, with its total funding reaching $350K. The company recently announced a $350K strategic investment, underscoring its robust market position and future growth trajectory. This latest financing round signifies a critical juncture for NEO as it continues to expand its service offerings and operational footprint.

What is NEO?

NEO

Energy, Utilities & Waste

Waste Treatment, Environmental Services & Recycling

Construction

Established in 1984 and based in the Southeast, NEO Corporation specializes in a comprehensive suite of environmental contracting services. Their expertise spans asbestos, lead, and mold abatement, alongside demolition and waste management. The company places a strong emphasis on adhering to stringent safety standards and regulations, leveraging experienced staff and project managers to ensure effective project coordination across regions including North Carolina, South Carolina, Tennessee, Georgia, and Virginia. NEO Corporation is dedicated to serving as a responsible partner in environmental, industrial, and demolition services.

How much funding has NEO raised?

NEO has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for NEO?

The recent major strategic investment in NEO signals a strong confidence from stakeholders in the company's long-term vision and operational capabilities. This capital infusion is expected to fuel further expansion, potentially enabling NEO to enhance its service portfolio, invest in advanced abatement technologies, and broaden its geographical reach. The company's focus on safety and regulatory compliance, combined with its extensive experience, positions it for sustained growth and market leadership in the environmental services sector.

See full NEO company page

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