How Much Did Pro-Line Asphalt Raise?
Funding & Key Investors

Pro-Line Asphalt has successfully secured a significant capital injection, bringing its total funding to $1.8M. This latest infusion, characterized by a $756K strategic investment, underscores the firm's robust position within the Michigan infrastructure sector. By leveraging these financial resources, the company continues to solidify its operational capacity, ensuring that its long-standing commitment to road safety and community development remains at the forefront of its enterprise-level growth strategy.

What is Pro-Line Asphalt?

Pro-Line Asphalt
ConstructionCivil Engineering Construction

Established in 1994 by Charlie and Nanette Jones, Pro-Line Asphalt has evolved from a family-owned enterprise into a critical player in Michigan's civil engineering and road construction landscape. The company specializes in the comprehensive delivery of road and sidewalk infrastructure projects, prioritizing durability and public safety. Through a disciplined approach to project management and a deep-rooted connection to the local community, Pro-Line Asphalt has carved out a distinct market position, effectively bridging the gap between traditional construction values and modern infrastructure requirements. Their operational model emphasizes high-quality execution, which has been instrumental in maintaining their reputation as a reliable partner for regional development initiatives.

How much funding has Pro-Line Asphalt raised?

Pro-Line Asphalt has raised a total of $1.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$756K

Debt (2020): $1M with participation from PPP

Debt (2021): $756K led by PPP

Key Investors in Pro-Line Asphalt

PPP

Public-Private Partnership

What's next for Pro-Line Asphalt?

With the recent influx of capital, Pro-Line Asphalt is well-positioned to scale its operations and modernize its construction fleet to meet the increasing demands of Michigan's infrastructure modernization programs. The strategic allocation of these funds will likely focus on enhancing technical capabilities and expanding service reach, allowing the firm to undertake more complex, large-scale municipal projects. As the company transitions into this next phase of development, the focus will remain on maintaining the operational excellence that has defined its trajectory since inception, while simultaneously exploring new efficiencies in material procurement and project delivery. This growth trajectory suggests a sustained commitment to long-term infrastructure sustainability and regional economic support.

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Frequently Asked Questions Regarding Pro-Line Asphalt Financial Insights

What are the most recent funding rounds that Pro-Line Asphalt has completed, and what were the funding rounds?
Pro-Line Asphalt has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Pro-Line Asphalt has raised to date?
Pro-Line Asphalt has raised a total of $1.8M in funding to date.
How many funding rounds has Pro-Line Asphalt completed?
Pro-Line Asphalt has completed 2 funding rounds.
How much funding did Pro-Line Asphalt raise in its most recent funding round?
Pro-Line Asphalt raised $756K in its most recent funding round.
Who are the lead investors in Pro-Line Asphalt's latest funding round?
The lead investor in Pro-Line Asphalt'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 Pro-Line Asphalt's history?
The largest funding round in Pro-Line Asphalt's history was $1M.
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