What is Perma-patch?
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:
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
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.
See full Perma-patch company page