What is Trace?
Trace and Company is a leading provider of comprehensive excavation and paving services, operating primarily in Western North Carolina. Their extensive service portfolio includes excavation, trucking, paving, woodwaste grinding, and the installation of Redi-Rock walls, alongside the supply of topsoil and fill dirt. The company serves a diverse clientele, offering specialized solutions for sidewalk construction, concrete curb, and gutter projects. As an active member of the Associated General Contractors of America, Trace and Company emphasizes the use of CAT equipment to ensure project efficiency and quality, positioning itself as a reliable partner for infrastructure and construction needs.
How much funding has Trace raised?
Trace has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Trace
PPP
Public-Private Partnership
What's next for Trace?
With the recent influx of capital, Trace and Company is strategically positioned for accelerated growth and operational enhancement. The substantial late-stage funding suggests a focus on scaling existing operations, potentially expanding service areas, and investing in advanced equipment or technology to maintain a competitive edge. This investment will likely enable the company to undertake larger projects, further solidify its market leadership in Western North Carolina, and explore new avenues for service diversification. The company's commitment to quality, evidenced by its use of CAT equipment and industry affiliations, provides a strong foundation for leveraging this new capital to achieve its long-term strategic objectives.
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