What is Ten Mile?
Established in 2007 by third-generation road builder Travis Richmond, Ten Mile has evolved into a multifaceted industrial powerhouse. The company specializes in a comprehensive suite of services, including complex excavation, road construction maintenance, asphalt paving, and critical pipeline infrastructure. Beyond its technical capabilities, Ten Mile distinguishes itself through a commitment to logistics efficiency and a safety-first corporate culture. By balancing large-scale project execution with a foundational dedication to quality, the firm has positioned itself as a reliable partner for both public and private sector infrastructure development. Its market position is further bolstered by a consistent focus on workforce development and operational excellence in high-stakes environments.
How much funding has Ten Mile raised?
Ten Mile has raised a total of $1.6M across 2 funding rounds:
Debt
$350K
Debt
$1.2M
Debt (2020): $350K with participation from PPP
Debt (2021): $1.2M led by PPP
Key Investors in Ten Mile
PPP
Public-Private Partnership
What's next for Ten Mile?
With the recent influx of capital, Ten Mile is well-positioned to scale its service offerings and enhance its logistical capabilities. The strategic deployment of these funds will likely focus on upgrading heavy machinery fleets and expanding the company's capacity to undertake larger, more complex pipeline and road construction projects. As the firm navigates the current economic climate, the emphasis will remain on maintaining high-quality performance standards while exploring new regional markets. This financial backing provides the necessary liquidity to sustain long-term growth, ensuring that Ten Mile remains at the forefront of the infrastructure maintenance industry while continuing to meet the evolving demands of its client base.
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