How Much Did Premier Patching Raise?
Funding & Key Investors

Premier Patching, a specialist in commercial asphalt repair and maintenance, has secured significant capital, with total funding reaching $423K. The company recently announced a major strategic investment of $273K, underscoring its position in the infrastructure services sector. This latest financing round follows previous debt financing, indicating a shift towards growth-oriented capital infusion.

What is Premier Patching?

Premier Patching
ConstructionCivil Engineering Construction

Premier Patching focuses on providing comprehensive solutions for paved and concrete surfaces, including bituminous spray patching, crack sealing, and concrete repair. The company emphasizes delivering high-quality, cost-effective services aimed at enhancing the safety and longevity of business properties. Operating across multiple states including Ohio, Michigan, Indiana, Kentucky, Illinois, and Wisconsin, Premier Patching leverages its extensive experience to serve a broad commercial client base.

How much funding has Premier Patching raised?

Premier Patching has raised a total of $423K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$273K

Debt (2020): $150K with participation from PPP

Debt (2021): $273K led by PPP

What's next for Premier Patching?

The substantial late-stage funding and recent strategic investment suggest Premier Patching is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel market penetration, service diversification, and technological advancements in asphalt and concrete maintenance. The company's focus on safety and cost-effectiveness, combined with its multi-state presence, positions it for continued growth and market leadership in the commercial infrastructure maintenance industry.

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Frequently Asked Questions Regarding Premier Patching Financial Insights

What are the most recent funding rounds that Premier Patching has completed, and what were the funding rounds?
Premier Patching has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Premier Patching has raised to date?
Premier Patching has raised a total of $423K in funding to date.
How many funding rounds has Premier Patching completed?
Premier Patching has completed 2 funding rounds.
How much funding did Premier Patching raise in its most recent funding round?
Premier Patching raised $273K in its most recent funding round.
Who are the lead investors in Premier Patching's latest funding round?
The lead investor in Premier Patching'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 Premier Patching's history?
The largest funding round in Premier Patching's history was $273K.
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