How Much Did Statewide Materials Raise?
Funding & Key Investors

Statewide Materials has successfully secured a significant capital injection, bringing its total funding to $350K. This latest infusion, characterized by a $350K major strategic investment, underscores the firm's robust position within the regional logistics sector. By leveraging this financial backing, the company aims to solidify its operational footprint across the competitive Texas construction landscape, ensuring that its capital structure remains aligned with its long-term growth objectives in the heavy-haulage industry.

What is Statewide Materials?

Statewide Materials
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Statewide Materials Transport, Ltd. operates as a critical node in the construction supply chain, specializing in the efficient movement of essential materials including sand, gravel, base, and limestone aggregate. With a primary focus on the south and southeast Texas markets, the firm provides indispensable logistics support to a broad spectrum of clients, ranging from large-scale cement plants and asphalt facilities to local contractors and resale yards. The company distinguishes itself through a high-capacity fleet and a proven track record of managing complex, multi-range hauling projects. By maintaining a professional and competitive service model, Statewide Materials has established itself as a reliable partner for infrastructure development, effectively bridging the gap between material extraction sites and active construction zones.

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 the recent deployment of $350K, Statewide Materials is well-positioned to scale its logistical capabilities and optimize its fleet management systems. The strategic focus will likely shift toward enhancing operational efficiency and expanding service capacity to meet the rising demand for infrastructure materials in the Texas region. As the company transitions through this late-stage growth phase, the emphasis will remain on maintaining service excellence while potentially exploring technological integrations to streamline dispatch and route optimization. This financial milestone provides the necessary runway to fortify market share and navigate the cyclical nature of the construction industry with increased resilience and agility.

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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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