What is Repave?
Founded in 2012, Repave, Inc. is a certified Women Owned Enterprise (WBE) that provides specialized hauling and transportation services. The company primarily serves leading heavy highway construction contractors across Long Island and New York City. Repave's expertise includes the transport of asphalt, millings, stone, and stand, as well as specialty overweight equipment, positioning it as a critical logistics partner in the region's infrastructure development.
How much funding has Repave raised?
Repave has raised a total of $346K across 2 funding rounds:
Debt
$150K
Debt
$196K
Debt (2020): $150K with participation from PPP
Debt (2021): $196K led by PPP
What's next for Repave?
The substantial backing indicated by $346K and the recent strategic investment of $196K suggest Repave is in a robust late-stage growth phase. This capital infusion is likely earmarked for scaling operations, enhancing fleet capacity, and potentially expanding its service area or technological capabilities. The company's focus on essential construction logistics, coupled with its WBE certification, provides a strong foundation for continued development and market penetration.
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