How Much Did Proex Raise?
Funding & Key Investors

Proex has secured $688K in total capital, with a recent strategic investment of $338K marking a significant milestone. This enterprise-level funding underscores the company's established position and its ongoing strategic growth initiatives within the excavation sector. The latest financing round, dated February 12, 2021, signifies continued confidence from its backers.

What is Proex?

Proex
ConstructionConstruction Management

Proex is a seasoned player in the excavation industry, boasting over two decades of operational experience. The company has executed more than 90% of its excavation work internally for the past 21 years, a testament to its robust capabilities and commitment to quality. Client testimonials highlight Proex's diligent work ethic, ensuring high quality and timely project completion, fostering utmost confidence among its partners.

How much funding has Proex raised?

Proex has raised a total of $688K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$338K

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

Debt (2021): $338K led by PPP

Key Investors in Proex

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Proex?

The substantial enterprise-level funding and recent strategic investment suggest Proex is poised for further expansion and operational enhancement. This capital infusion is likely to support the scaling of its services, investment in advanced excavation technologies, and potentially the broadening of its market reach. The company's proven track record in delivering high-quality, time-bound projects positions it favorably for continued success and growth in the competitive excavation landscape.

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Frequently Asked Questions Regarding Proex Financial Insights

What are the most recent funding rounds that Proex has completed, and what were the funding rounds?
Proex has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on May 1, 2020.
What is the total amount of funding Proex has raised to date?
Proex has raised a total of $688K in funding to date.
How many funding rounds has Proex completed?
Proex has completed 2 funding rounds.
How much funding did Proex raise in its most recent funding round?
Proex raised $338K in its most recent funding round.
Who are the lead investors in Proex's latest funding round?
The lead investor in Proex'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 Proex's history?
The largest funding round in Proex's history was $350K.
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