How Much Did Perma-patch Raise?
Funding & Key Investors

Perma-patch has successfully secured a significant capital injection, bringing its total funding to $760K. This latest infusion, characterized by a $410K strategic investment, underscores the company's robust position within the industrial infrastructure sector. By leveraging debt financing, the firm continues to solidify its operational capacity and market reach, demonstrating a clear trajectory of growth and financial stability in the competitive pavement maintenance landscape.

What is Perma-patch?

Perma-patch
ManufacturingBuilding Materials

Perma-patch operates as a specialized manufacturer of high-performance asphalt repair solutions, catering to a diverse clientele ranging from municipal road departments to commercial property managers. With a legacy spanning over three decades of American manufacturing, the company has established itself as a critical provider of durable, water-activated repair products such as Perma-Patch Aqua and advanced crack sealants. Their core value proposition centers on the delivery of permanent, cost-effective, and time-efficient pavement restoration, effectively addressing the persistent challenges of infrastructure degradation in both asphalt and concrete environments.

How much funding has Perma-patch raised?

Perma-patch has raised a total of $760K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$410K

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

Debt (2021): $410K led by PPP

Key Investors in Perma-patch

PPP

Public-Private Partnership

What's next for Perma-patch?

With the recent influx of capital, Perma-patch is well-positioned to scale its manufacturing capabilities and expand its distribution network across the United States. The strategic focus will likely shift toward enhancing product innovation to meet the evolving demands of smart city infrastructure and sustainable road maintenance. By prioritizing long-term durability and ease of application, the company aims to further penetrate the municipal sector, ensuring that its proprietary repair technologies remain the industry standard for high-traffic and high-stress pavement applications.

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Frequently Asked Questions Regarding Perma-patch Financial Insights

What are the most recent funding rounds that Perma-patch has completed, and what were the funding rounds?
Perma-patch has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Perma-patch has raised to date?
Perma-patch has raised a total of $760K in funding to date.
How many funding rounds has Perma-patch completed?
Perma-patch has completed 2 funding rounds.
How much funding did Perma-patch raise in its most recent funding round?
Perma-patch raised $410K in its most recent funding round.
Who are the lead investors in Perma-patch's latest funding round?
The lead investor in Perma-patch'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 Perma-patch's history?
The largest funding round in Perma-patch's history was $410K.
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