What is Patch Management?
Patch Management specializes in advanced pothole repair and parking lot rehabilitation, providing efficient and cost-effective alternatives to traditional methods. Their proprietary spray patching system enables immediate use of repaired surfaces, significantly reducing traffic disruption. The company also offers maintenance contracts, leveraging preventative strategies to lower long-term pavement costs for clients, primarily targeting government entities committed to high-quality public infrastructure upkeep.
How much funding has Patch Management raised?
Patch Management has raised a total of $681K across 2 funding rounds:
Debt
$350K
Debt
$331K
Debt (2020): $350K with participation from PPP
Debt (2021): $331K led by PPP
What's next for Patch Management?
The substantial enterprise-level funding indicates Patch Management is poised for significant scaling and operational expansion. This strategic backing will likely fuel advancements in their proprietary repair technologies and broaden their service reach to more municipal and commercial clients. Future growth may involve enhancing their maintenance contract offerings and exploring new markets for their efficient pavement solutions.
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