What is Schmidtlein Excavating?
Schmidtlein Excavating, Inc. is a family-owned excavation company with over 70 years of operational history, headquartered in Topeka, Kansas. The firm specializes in comprehensive services including mass excavation, site preparation, and utility construction. It caters to a diverse clientele across municipal, commercial, and industrial sectors throughout Northeast Kansas. The company has built a reputation for delivering reliable, professional, and high-quality results at competitive rates, emphasizing professionalism and integrity in all its operations. Additional specialized services offered include hydro-excavation and material recycling, further broadening its service portfolio.
How much funding has Schmidtlein Excavating raised?
Schmidtlein Excavating has raised a total of $881K across 2 funding rounds:
Debt
$350K
Debt
$531K
Debt (2020): $350K with participation from PPP
Debt (2021): $531K led by PPP
What's next for Schmidtlein Excavating?
The recent major strategic investment signals a pivotal moment for Schmidtlein Excavating, likely enabling further expansion of its operational capacity and service offerings. This capital infusion is expected to bolster its ability to undertake larger-scale projects and potentially explore new geographic markets or technological advancements in excavation. The company's long-standing experience and commitment to quality position it well to leverage this new financial backing for sustained growth and market leadership.
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