How Much Did Statewide Materials Raise?
Funding & Key Investors

Statewide Materials Transport, Ltd. has secured $350K in total capital, with its most recent funding round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position in the construction materials hauling sector and its potential for continued expansion.

What is Statewide Materials?

Statewide Materials
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Statewide Materials Transport, Ltd. is a specialized logistics provider focused on the transportation of essential construction materials, including sand, gravel, base, and limestone aggregate. Operating across south and southeast Texas, the company caters to a broad spectrum of clients such as contractors, cement plants, resale yards, and asphalt plants. Their extensive fleet is equipped to handle projects of various scales, ensuring professional and competitive service delivery for both local and intermediate haul requirements. The company's commitment to operational excellence and client satisfaction has solidified its reputation in the regional construction supply chain.

How much funding has Statewide Materials raised?

Statewide Materials has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Statewide Materials

PPP

Public-Private Partnership

What's next for Statewide Materials?

With a substantial capital infusion, Statewide Materials is poised for strategic growth and operational enhancement. The 'large-scale late-stage funding' context suggests a focus on scaling existing operations, potentially expanding fleet capacity, optimizing logistics networks, and exploring new service territories within Texas. This investment will likely enable the company to further solidify its market leadership, enhance its service offerings, and capitalize on the robust demand for construction materials in its operational regions. Future developments may include technological integrations for improved efficiency and broader market penetration.

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Frequently Asked Questions Regarding Statewide Materials Financial Insights

What are the most recent funding rounds that Statewide Materials has completed, and what were the funding rounds?
Statewide Materials has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Statewide Materials has raised to date?
Statewide Materials has raised a total of $350K in funding to date.
How many funding rounds has Statewide Materials completed?
Statewide Materials has completed 1 funding rounds.
How much funding did Statewide Materials raise in its most recent funding round?
Statewide Materials raised $350K in its most recent funding round.
Who are the lead investors in Statewide Materials's latest funding round?
The lead investor in Statewide Materials'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 Materials's history?
The largest funding round in Statewide Materials's history was $350K.
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