How Much Did Statewide Demolition Raise?
Funding & Key Investors

Statewide Demolition has successfully secured a major strategic investment, bringing its total capital accumulation to $723K. This latest infusion of $373K underscores the firm's robust position within the competitive demolition and excavation landscape of the Northeast corridor. By leveraging significant debt financing, the company continues to solidify its operational footprint across New York and New Jersey, demonstrating a clear trajectory of growth and fiscal stability in a capital-intensive industry.

What is Statewide Demolition?

Statewide Demolition
ConstructionConstruction Management

Operating as a union-backed entity, Statewide Demolition specializes in comprehensive interior and exterior demolition services, alongside specialized container logistics. The firm distinguishes itself through a rigorous commitment to safety protocols and regulatory compliance across its dual-state operational theater. By maintaining a licensed and union-operated workforce, the company effectively mitigates project risk while delivering high-capacity excavation and site-clearing solutions for large-scale enterprise clients. Their market position is defined by a focus on rapid response and asset preservation, ensuring that complex demolition requirements are met with professional precision and adherence to environmental health standards.

How much funding has Statewide Demolition raised?

Statewide Demolition has raised a total of $723K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$373K

Debt (2020): $350K with participation from PPP

Debt (2021): $373K led by PPP

Key Investors in Statewide Demolition

PPP

Public-Private Partnership

What's next for Statewide Demolition?

With the recent influx of capital, Statewide Demolition is positioned to scale its service delivery capabilities and expand its bidding capacity for larger, more complex infrastructure projects. The strategic deployment of these funds will likely focus on upgrading heavy machinery fleets and enhancing operational efficiency to maintain its competitive edge in the NY/NJ market. As the firm continues to pursue high-value contracts, the focus will remain on balancing aggressive growth with the stringent safety and labor standards that define its brand. Future initiatives will likely involve optimizing logistics for container services and further integrating advanced site-management technologies to streamline project timelines and maximize asset utilization.

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Frequently Asked Questions Regarding Statewide Demolition Financial Insights

What are the most recent funding rounds that Statewide Demolition has completed, and what were the funding rounds?
Statewide Demolition has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Statewide Demolition has raised to date?
Statewide Demolition has raised a total of $723K in funding to date.
How many funding rounds has Statewide Demolition completed?
Statewide Demolition has completed 2 funding rounds.
How much funding did Statewide Demolition raise in its most recent funding round?
Statewide Demolition raised $373K in its most recent funding round.
Who are the lead investors in Statewide Demolition's latest funding round?
The lead investor in Statewide Demolition'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 Statewide Demolition's history?
The largest funding round in Statewide Demolition's history was $373K.
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