How Much Did Team Excavating Raise?
Funding & Key Investors

Team Excavating has successfully secured a significant capital injection, bringing its cumulative financing to $344K. This latest major strategic investment of $194K underscores the firm's robust position within the regional construction and infrastructure sector. By leveraging these financial resources, the company continues to solidify its operational footprint in the Des Moines Metro area, demonstrating a clear trajectory of growth and fiscal stability since its inception in 2016.

What is Team Excavating?

Team Excavating
ConstructionConstruction ManagementCivil Engineering Construction

Founded by Tim and Antoinette Prohaska, Team Excavating operates as a specialized provider of underground utility installation and comprehensive site work. The firm distinguishes itself through a dual-market focus, serving both single-family residential developments and large-scale commercial projects. With a leadership team boasting over 35 years of industry experience, the company integrates high-level pre-construction services—such as value engineering, precise scheduling, and detailed estimating—into its core service offering. This proactive methodology ensures that complex site preparation tasks are executed with technical rigor, minimizing project risks while maximizing efficiency for their diverse client base.

How much funding has Team Excavating raised?

Team Excavating has raised a total of $344K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$194K

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

Debt (2021): $194K led by PPP

Key Investors in Team Excavating

PPP

Public-Private Partnership

What's next for Team Excavating?

With the recent infusion of capital, Team Excavating is well-positioned to scale its operational capacity and enhance its service delivery model. The strategic allocation of these funds will likely focus on expanding the firm's fleet of specialized equipment and increasing its headcount of highly skilled professionals to meet the rising demand for infrastructure development in the Des Moines region. As the company transitions into this next phase of maturity, the focus remains on maintaining the high standards of personal attention and project oversight that have become hallmarks of their brand. Future growth will likely be driven by continued investment in value engineering capabilities, allowing the firm to capture larger commercial contracts and further cement its reputation as a premier site work contractor.

See full Team Excavating company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstructionBuilding MaterialsManufacturing
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstruction

Frequently Asked Questions Regarding Team Excavating Financial Insights

What are the most recent funding rounds that Team Excavating has completed, and what were the funding rounds?
Team Excavating has recently completed 2 funding rounds: Debt on Mar 6, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Team Excavating has raised to date?
Team Excavating has raised a total of $344K in funding to date.
How many funding rounds has Team Excavating completed?
Team Excavating has completed 2 funding rounds.
How much funding did Team Excavating raise in its most recent funding round?
Team Excavating raised $194K in its most recent funding round.
Who are the lead investors in Team Excavating's latest funding round?
The lead investor in Team Excavating'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 Team Excavating's history?
The largest funding round in Team Excavating's history was $194K.
See more information about Team Excavating