What is Perma-patch?
Perma-patch specializes in the development and manufacturing of high-performance asphalt repair products. Their product line includes innovative water-activated solutions such as Perma-Patch Aqua, alongside a variety of durable crack sealants. Designed for both municipal and commercial applications, these products emphasize ease of use and long-lasting results. With over three decades of American manufacturing expertise, Perma-patch is a recognized name among road repair specialists nationwide, committed to providing permanent repair solutions that optimize time and cost efficiencies for asphalt and concrete applications.
How much funding has Perma-patch raised?
Perma-patch has raised a total of $760K across 2 funding rounds:
Debt
$350K
Debt
$410K
Debt (2020): $350K with participation from PPP
Debt (2021): $410K led by PPP
Key Investors in Perma-patch
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Perma-patch?
The recent major strategic investment signals Perma-patch's transition into a scaling phase, likely focusing on expanding its manufacturing capabilities, enhancing its distribution network, and potentially exploring new product development within the pavement repair sector. This infusion of capital is expected to bolster its competitive edge against rivals in the durable infrastructure maintenance market. Future growth may involve strategic partnerships or acquisitions to further solidify its market leadership and technological advancements in asphalt and concrete repair.
See full Perma-patch company page
