What is Rite-Way Construction?
Rite-Way Construction operates within the Oil & Gas Exploration & Services sector. Headquartered in Enid, Oklahoma, the company employs between 100 to 249 individuals and generates revenue in the range of $25 million to $50 million. This positions Rite-Way Construction as a notable entity within its industry, likely focused on providing essential services for oil and gas operations.
How much funding has Rite-Way Construction raised?
Rite-Way Construction has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in Rite-Way Construction
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Rite-Way Construction?
The substantial enterprise-level capital infusion, particularly the recent strategic investment, suggests Rite-Way Construction is poised for significant expansion or operational enhancement. This backing will likely fuel advancements in their service offerings, potentially enabling the company to take on larger projects, expand its geographic reach, or invest in new technologies within the oil and gas exploration and services domain. The company's trajectory indicates a strong growth phase, supported by strategic financial backing.
See full Rite-Way Construction company page
