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

Pro-Line Asphalt has secured $1.8M in total capital, with its most recent financing round bringing in $756K. This major strategic investment underscores the company's significant enterprise-level funding trajectory and its importance in the infrastructure sector.

What is Pro-Line Asphalt?

Pro-Line Asphalt
ConstructionCivil Engineering Construction

Pro-Line Asphalt, a family-owned enterprise established in 1994, is a Michigan-based company focused on enhancing local roads and infrastructure. Founded by Charlie and Nanette Jones, the business is built on a foundation of strong work ethic and a commitment to community safety. Their core services encompass road and sidewalk construction, aiming to deliver tangible improvements for Michigan residents and contribute positively to the community's development.

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

What's next for Pro-Line Asphalt?

The substantial enterprise-level funding and recent strategic investment indicate Pro-Line Asphalt is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their construction capabilities, potentially allowing for larger-scale projects and broader service areas within Michigan. The company's focus on infrastructure improvement suggests a strategic direction towards solidifying its market position and contributing to regional development.

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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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