How Much Did Sable Asphalt Raise?
Funding & Key Investors

Sable Asphalt, a paving service provider based in Akron, Ohio, has secured significant capital, with total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its robust growth trajectory and market position in the competitive paving industry. This latest financing round is expected to fuel further expansion and operational enhancements.

What is Sable Asphalt?

Sable Asphalt
ConstructionCivil Engineering Construction

Sable Asphalt & Concrete specializes in comprehensive asphalt and concrete paving solutions for both commercial and residential clients across Northeast Ohio. Their service portfolio includes essential maintenance like asphalt paving upkeep, parking lot grading, sealcoating, and line marking. With a legacy spanning over three decades, the company has cultivated a reputation for delivering high-quality workmanship and personalized project management, focusing on enhancing property aesthetics and ensuring long-term durability through cost-effective paving strategies.

How much funding has Sable Asphalt raised?

Sable Asphalt has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Sable Asphalt?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Sable Asphalt's readiness for significant scaling and market penetration. This capital infusion is likely earmarked for expanding service capabilities, potentially acquiring new equipment, enhancing technological integration for project management, and broadening their geographic reach within Ohio and potentially beyond. The company's established experience and commitment to quality position it well to leverage this investment for sustained growth and increased market share.

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Frequently Asked Questions Regarding Sable Asphalt Financial Insights

What are the most recent funding rounds that Sable Asphalt has completed, and what were the funding rounds?
Sable Asphalt has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Sable Asphalt has raised to date?
Sable Asphalt has raised a total of $350K in funding to date.
How many funding rounds has Sable Asphalt completed?
Sable Asphalt has completed 1 funding rounds.
How much funding did Sable Asphalt raise in its most recent funding round?
Sable Asphalt raised $350K in its most recent funding round.
Who are the lead investors in Sable Asphalt's latest funding round?
The lead investor in Sable Asphalt'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 Sable Asphalt's history?
The largest funding round in Sable Asphalt's history was $350K.
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