SpreadRite Funding: How Much Did They Raise & Key Investors

How Much Did SpreadRite Raise?
Funding & Key Investors

SpreadRite has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's established position in the erosion and sediment control sector. The company's funding history, which includes a notable debt financing of $150M on April 6, 2020, indicates a trajectory of significant financial backing to support its operations and growth.

What is SpreadRite?

SpreadRite

Construction

Civil Engineering Construction

Architecture, Engineering & Design

SpreadRite operates as a professional service company specializing in erosion and sediment control. Leveraging a Design/Build approach, the company offers comprehensive solutions for environmental compliance, ranging from temporary seeding to permanent turf reinforcement matting. Their expertise covers a broad spectrum of soil stabilization needs, positioning them as a key player in the environmental contracting industry.

How much funding has SpreadRite raised?

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

2020

Debt

$150K

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

Key Investors in SpreadRite

PPP

Public-Private Partnership

What's next for SpreadRite?

The substantial capital raised, particularly the recent major strategic investment, signals SpreadRite's readiness for accelerated growth and market expansion. As a company in a large-scale, late-stage funding phase, SpreadRite is likely poised to enhance its service offerings, invest in new technologies, and potentially broaden its geographical reach. This strategic financing will be crucial for solidifying its market leadership and addressing the increasing demand for effective environmental compliance solutions.

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