How Much Did Perras Excavating Raise?
Funding & Key Investors

Perras Excavating, a cornerstone of the North Country construction and environmental services sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest capital injection, totaling $363K, brings the firm's cumulative financial backing to $713K. The infusion of resources underscores the company's enduring market relevance and its ability to attract significant debt financing to support its expansive infrastructure projects and environmental remediation initiatives.

What is Perras Excavating?

Perras Excavating
ConstructionCivil Engineering ConstructionEnergy, Utilities & Waste

Established in 1954, Perras Companies has evolved into a diversified general contracting powerhouse. The organization operates through three specialized divisions: Perras Excavating, which provides high-precision earthwork services; Perras Environmental Control, a regional leader in environmental management; and Perras Construction, which focuses on long-term client partnerships and quality-driven building solutions. By maintaining a rigorous focus on safety protocols and community-centric development, the firm has solidified its reputation as a trusted partner for complex, enterprise-level projects. Their business model is built upon the dual pillars of technical expertise and a deep-rooted commitment to regional economic development, allowing them to navigate the cyclical nature of the construction industry with consistent performance.

How much funding has Perras Excavating raised?

Perras Excavating has raised a total of $713K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$363K

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

Debt (2021): $363K led by PPP

Key Investors in Perras Excavating

PPP

Public-Private Partnership

What's next for Perras Excavating?

With the recent influx of capital, Perras Excavating is positioned to scale its operational footprint and enhance its technological capabilities in environmental control. The strategic allocation of these funds will likely focus on upgrading heavy machinery fleets and expanding the firm's service reach within the North Country. As the company transitions into this next phase of growth, the focus remains on maintaining the high safety standards that have defined its seven-decade history while leveraging new financial resources to secure larger, more complex contracts. This trajectory suggests a long-term commitment to infrastructure modernization and sustainable construction practices, ensuring the firm remains a dominant force in the regional contracting landscape.

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Frequently Asked Questions Regarding Perras Excavating Financial Insights

What are the most recent funding rounds that Perras Excavating has completed, and what were the funding rounds?
Perras Excavating has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Perras Excavating has raised to date?
Perras Excavating has raised a total of $713K in funding to date.
How many funding rounds has Perras Excavating completed?
Perras Excavating has completed 2 funding rounds.
How much funding did Perras Excavating raise in its most recent funding round?
Perras Excavating raised $363K in its most recent funding round.
Who are the lead investors in Perras Excavating's latest funding round?
The lead investor in Perras Excavating'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 Perras Excavating's history?
The largest funding round in Perras Excavating's history was $363K.
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