How Much Did Precision Roadway Services Raise?
Funding & Key Investors

Precision Roadway Services has secured $35K in total financing, with a recent capital injection of $35K designated for substantial expansion. This funding round, occurring in January 2021, signifies a critical growth phase for the company, positioning it for broader market reach and enhanced service capabilities in the asphalt maintenance and repair sector.

The company's financial trajectory indicates a strategic move towards scaling operations, leveraging recent investment to solidify its market presence.

What is Precision Roadway Services?

Precision Roadway Services
ConstructionCivil Engineering Construction

Precision Roadway Services LLC, based in Osakis, Minnesota, is a seasoned provider of asphalt maintenance and repair solutions. With over two decades of operational experience, the company offers a comprehensive suite of services, including crack sealing, line striping, driveway sealing, seal coating, asphalt patching, and parking lot sweeping. Serving both residential and commercial clientele across Central Minnesota, Precision Roadway Services is dedicated to delivering high-quality workmanship and ensuring client satisfaction, underscored by their provision of complimentary service estimates.

How much funding has Precision Roadway Services raised?

Precision Roadway Services has raised a total of $35K across 1 funding round:

2021

Debt

$35K

Debt (2021): $35K with participation from PPP

What's next for Precision Roadway Services?

The substantial expansion capital infusion suggests Precision Roadway Services is poised for significant operational scaling and market penetration. This strategic financing will likely enable the company to enhance its service fleet, expand its geographic coverage, and potentially invest in advanced maintenance technologies. As a company operating at a significant Series B/C stage, this investment is crucial for solidifying its competitive advantage and capturing a larger share of the asphalt services market. Future growth may involve strategic partnerships or acquisitions to further bolster its capabilities and service offerings.

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Frequently Asked Questions Regarding Precision Roadway Services Financial Insights

What are the most recent funding rounds that Precision Roadway Services has completed, and what were the funding rounds?
Precision Roadway Services has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Precision Roadway Services has raised to date?
Precision Roadway Services has raised a total of $35K in funding to date.
How many funding rounds has Precision Roadway Services completed?
Precision Roadway Services has completed 1 funding rounds.
How much funding did Precision Roadway Services raise in its most recent funding round?
Precision Roadway Services raised $35K in its most recent funding round.
Who are the lead investors in Precision Roadway Services's latest funding round?
The lead investor in Precision Roadway Services'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 Precision Roadway Services's history?
The largest funding round in Precision Roadway Services's history was $35K.
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