What is Rilite Aggregate?
Rilite Aggregate, based in the Reno/Sparks area, is a key provider of diverse aggregate materials essential for construction projects. Their offerings include lightweight concrete, hard rock, and landscape rock, with a notable history of supplying materials for significant local structures like the Peppermill and the Federal Courthouse. Since 2009, the company has also integrated sustainability into its operations by recycling concrete and asphalt into reusable construction materials. Rigorous quality testing ensures product integrity, and pricing details are accessible via their website.
How much funding has Rilite Aggregate raised?
Rilite Aggregate has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Rilite Aggregate?
The substantial late-stage funding Rilite Aggregate has received signals a strategic phase of expansion and operational enhancement. This capital infusion is likely to fuel advancements in their recycling initiatives, potentially increasing capacity and broadening the scope of sustainable construction materials. Furthermore, the investment may support the acquisition of new technologies or equipment to optimize production and distribution, reinforcing their competitive edge in the regional aggregate market and solidifying their role in sustainable development.
See full Rilite Aggregate company page
