How Much Did Shaffer Underground Raise?
Funding & Key Investors

Shaffer Underground, a prominent player in Arizona's underground construction sector, has secured $150K in total capital, with its most recent funding round bringing in $150K. This significant strategic investment underscores the company's established position and its ongoing trajectory in providing specialized dry utility sleeving solutions across residential, build-to-rent, and commercial projects.

What is Shaffer Underground?

Shaffer Underground
ConstructionCivil Engineering ConstructionConstruction Management

Shaffer Underground distinguishes itself as Arizona's premier underground construction company, focusing on the intricate installation of dry utility sleeving. The firm offers bespoke, high-quality solutions tailored to the precise requirements of its clientele. Leveraging years of industry experience and maintaining ownership of its own specialized equipment, Shaffer Underground guarantees efficient and dependable services. This includes comprehensive offerings such as trenching, boring, and adept coordination with utility agencies. The company's commitment to a meticulous operational approach has cultivated a remarkable customer retention rate exceeding 90%, solidifying its reputation as a trusted and reliable partner within the construction industry.

How much funding has Shaffer Underground raised?

Shaffer Underground has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Shaffer Underground

PPP

Public-Private Partnership

What's next for Shaffer Underground?

The substantial backing indicated by $150K suggests Shaffer Underground is in a robust phase of expansion, likely utilizing this capital for scaling operations, enhancing technological capabilities, and potentially broadening its service area or project scope. The recent strategic investment, coupled with the company's proven track record and high customer loyalty, positions Shaffer Underground for continued growth and market leadership in specialized underground utility infrastructure.

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Frequently Asked Questions Regarding Shaffer Underground Financial Insights

What are the most recent funding rounds that Shaffer Underground has completed, and what were the funding rounds?
Shaffer Underground has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Shaffer Underground has raised to date?
Shaffer Underground has raised a total of $150K in funding to date.
How many funding rounds has Shaffer Underground completed?
Shaffer Underground has completed 1 funding rounds.
How much funding did Shaffer Underground raise in its most recent funding round?
Shaffer Underground raised $150K in its most recent funding round.
Who are the lead investors in Shaffer Underground's latest funding round?
The lead investor in Shaffer Underground'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 Shaffer Underground's history?
The largest funding round in Shaffer Underground's history was $150K.
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