How Much Did Superior Blacktop Services Raise?
Funding & Key Investors

Superior Blacktop Services has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding accumulation of $312K, the firm continues to solidify its market presence through a recent strategic investment of $162K. This influx of financing underscores the company's robust operational model and its capacity to scale within the competitive asphalt and infrastructure maintenance sector.

What is Superior Blacktop Services?

Superior Blacktop Services
ConstructionCivil Engineering ConstructionConstruction Management

Headquartered in Charleston, South Carolina, Superior Blacktop Services operates as a comprehensive asphalt contractor, delivering specialized solutions across residential, commercial, and industrial landscapes. As a key entity within the ASP Family of Companies, the organization provides a full suite of services including asphalt paving, crackfill, pothole remediation, and precision line striping. By serving a diverse client base that spans healthcare facilities, retail centers, and industrial complexes, the company has established itself as a reliable partner for critical infrastructure maintenance. Their commitment to high-quality craftsmanship and cost-effective project delivery positions them as a leader in the regional paving market, leveraging national resources to maintain local service excellence.

How much funding has Superior Blacktop Services raised?

Superior Blacktop Services has raised a total of $312K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$162K

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

Debt (2021): $162K led by PPP

Key Investors in Superior Blacktop Services

PPP

Public-Private Partnership

What's next for Superior Blacktop Services?

The recent capital infusion is expected to catalyze the next phase of growth for Superior Blacktop Services, likely focusing on operational expansion and the enhancement of their service delivery capabilities. Given the late-stage nature of this financing, the company is well-positioned to invest in advanced paving technologies and fleet modernization, ensuring they remain at the forefront of the asphalt maintenance industry. Strategic priorities will likely include scaling their national service footprint and deepening their penetration into the industrial and institutional sectors. By optimizing their supply chain and leveraging the support of the ASP Family of Companies, Superior Blacktop Services is poised to capture additional market share while maintaining the rigorous quality standards that have defined their reputation in the Southeast and beyond.

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Frequently Asked Questions Regarding Superior Blacktop Services Financial Insights

What are the most recent funding rounds that Superior Blacktop Services has completed, and what were the funding rounds?
Superior Blacktop Services has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Superior Blacktop Services has raised to date?
Superior Blacktop Services has raised a total of $312K in funding to date.
How many funding rounds has Superior Blacktop Services completed?
Superior Blacktop Services has completed 2 funding rounds.
How much funding did Superior Blacktop Services raise in its most recent funding round?
Superior Blacktop Services raised $162K in its most recent funding round.
Who are the lead investors in Superior Blacktop Services's latest funding round?
The lead investor in Superior Blacktop Services'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 Superior Blacktop Services's history?
The largest funding round in Superior Blacktop Services's history was $162K.
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