How Much Did Soil Connect Raise?
Funding & Key Investors

Soil Connect, a digital marketplace for the soil and aggregates industry, has secured significant enterprise-level funding, with its total funding reaching $4M and its most recent investment amounting to $0. This latest capital infusion underscores the company's strategic position in streamlining transactions within a multi-billion-dollar sector.

What is Soil Connect?

Soil Connect
SoftwareMobile App Development

Soil Connect distinguishes itself as the first and only institutionally backed digital marketplace dedicated to the soil and aggregates industry. Founded by Cliff Fetner, a third-generation builder, the platform addresses the inherent inefficiencies and high costs associated with the transportation and management of these essential materials. By connecting those with surplus soil and aggregates to those in need, Soil Connect offers a streamlined solution for excavators, contractors, developers, landscapers, and other building professionals. The marketplace facilitates networking and transactions, aiming to save users time and money while promoting environmental benefits through optimized material utilization.

How much funding has Soil Connect raised?

Soil Connect has raised a total of $4M across 2 funding rounds:

2020

Other Financing Round

$750K

Angel/Seed

$3.3M

Other Financing Round (2020): $750K with participation from Common Sail

Angel/Seed (2020): $3.3M led by Situs Real Estate, J.G. Pertucci Company, Bazella Contracting, Altmark Group, Heartland Ventures, AB Investment Group, Great Oaks Venture Capital, Cemex Ventures, and TIA Ventures

Key Investors in Soil Connect

Great Oaks Venture Capital

Great Oaks Venture Capital is an early-stage investment firm that supports founders building transformative companies, deploying capital across Pre-Seed, Seed, and Series A rounds. They specialize in software, healthcare, financial services, marketplaces, and enterprise solutions, leveraging specialized knowledge to support portfolio companies.

TIA Ventures

TIA Ventures is a seed-stage venture capital fund based in New York City that invests in exceptional B2B software companies led by high-execution teams. They focus on identifying product-market fit through customer research and partner with entrepreneurs dedicated to creating impactful solutions.

Cemex Ventures

Cemex Ventures is an investor focused on the construction industry, likely seeking innovative solutions that can enhance efficiency, sustainability, or new business models within the built environment. Their participation suggests an interest in technologies that can disrupt traditional construction material supply chains.

What's next for Soil Connect?

With substantial enterprise-level backing, Soil Connect is poised for accelerated growth and market penetration. The company's focus on digitizing a traditionally fragmented and opaque industry positions it for significant expansion. Future strategies will likely involve enhancing platform capabilities, expanding its user base across diverse construction and landscaping segments, and potentially exploring new material categories or service offerings. The company's ability to attract institutional investment signals strong confidence in its business model and its potential to reshape the logistics and procurement processes within the construction materials sector.

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Frequently Asked Questions Regarding Soil Connect Financial Insights

What are the most recent funding rounds that Soil Connect has completed, and what were the funding rounds?
Soil Connect has recently completed 2 funding rounds: Angel/Seed on Dec 2, 2020, Other Financing Round on Mar 2, 2020.
What is the total amount of funding Soil Connect has raised to date?
Soil Connect has raised a total of $4M in funding to date.
How many funding rounds has Soil Connect completed?
Soil Connect has completed 2 funding rounds.
How much funding did Soil Connect raise in its most recent funding round?
Soil Connect raised $3.3M in its most recent funding round.
Who are the lead investors in Soil Connect's latest funding round?
The lead investor in Soil Connect's latest funding round was Situs Real Estate. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Soil Connect's history?
The largest funding round in Soil Connect's history was $3.3M.
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