How Much Did Sable Asphalt Raise?
Funding & Key Investors

Sable Asphalt has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. This latest capital injection, totaling $350K, underscores the firm's robust market position within the regional infrastructure sector. With a cumulative financial backing of $350K, the company is well-positioned to leverage these resources to enhance its service delivery and expand its footprint across Northeast Ohio.

What is Sable Asphalt?

Sable Asphalt
ConstructionCivil Engineering Construction

Based in Akron, Ohio, Sable Asphalt & Concrete operates as a specialized provider of comprehensive paving and infrastructure maintenance services. The firm caters to a diverse portfolio of commercial and residential clients, offering expertise in asphalt paving, parking lot grading, sealcoating, and precision line marking. With a legacy spanning over three decades, the company has established itself as a reliable partner for property managers and local businesses seeking durable, cost-effective solutions to maintain property integrity and aesthetic value. Their commitment to quality workmanship remains the cornerstone of their business model, allowing them to navigate the competitive construction landscape with a focus on long-term asset preservation.

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

Key Investors in Sable Asphalt

PPP

Public-Private Partnership

What's next for Sable Asphalt?

The infusion of capital signals a transition toward scaling operations and potentially modernizing the firm's technical infrastructure. By utilizing this recent financing, Sable Asphalt is expected to optimize its service capacity, potentially integrating advanced paving technologies to improve project efficiency. As the company moves into this next phase of growth, the focus will likely remain on consolidating its market share in the Northeast Ohio region while exploring opportunities to enhance its service offerings for larger commercial accounts. This strategic deployment of resources serves as a catalyst for sustained operational excellence and long-term value creation for stakeholders.

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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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