What is RHD Services?
RHD Services, founded in 1990, is a specialized provider of underground utility information, crucial for clients making informed project decisions. The company's comprehensive service portfolio includes utility locating, vacuum excavation, and ground penetrating radar (GPR) across the southeastern United States. Furthermore, RHD Services actively contributes to industry knowledge through training seminars on Subsurface Utility Engineering (SUE) and damage prevention, targeting engineering firms and trade groups. Their commitment to employing advanced technology and skilled technicians aims to mitigate risks and reduce costs associated with underground utility management.
How much funding has RHD Services raised?
RHD Services has raised a total of $116K across 1 funding round:
Debt
$116K
Debt (2021): $116K with participation from PPP
What's next for RHD Services?
The substantial large-scale late-stage funding indicates RHD Services is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their technological capabilities, broaden their service area, and potentially explore new market segments within the infrastructure and construction industries. The strategic nature of the recent investment suggests a focus on strengthening their competitive advantage and solidifying their role as a leader in subsurface utility solutions.
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