What is Subsurface Technologies?
Subsurface Technologies, Inc. (STI), founded in 1998, is a Certified Minority Business Enterprise specializing in comprehensive environmental and construction services. The company's core expertise lies in the installation and removal of aboveground and underground storage tanks. STI serves a diverse clientele across the United States, encompassing both public and private sectors. Its service portfolio includes critical areas such as Remediation Management, Emergency Response with Cleanup, and Vacuum Truck Services. STI is equipped with a skilled team prepared to address non-hazardous incidents, positioning itself for significant expansion within the environmental services industry.
How much funding has Subsurface Technologies raised?
Subsurface Technologies has raised a total of $289K across 2 funding rounds:
Debt
$150K
Debt
$139K
Debt (2020): $150K with participation from PPP
Debt (2021): $139K led by PPP
What's next for Subsurface Technologies?
The substantial late-stage investment signifies a pivotal moment for Subsurface Technologies, indicating a strong market validation and a clear path toward scaling its operations. This capital infusion is expected to fuel strategic initiatives, potentially involving the expansion of service offerings, geographic reach, or technological advancements in environmental remediation and tank management. The company's focus on growth, coupled with its established track record, suggests a trajectory aimed at solidifying its position as a key player in the environmental sector.
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