How Much Did Trace Raise?
Funding & Key Investors

Trace, a prominent player in the Western North Carolina infrastructure sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest financing round, totaling $150K, underscores the firm's robust market position and its commitment to scaling its specialized service offerings. With a cumulative capital infusion of $150K, the company is well-positioned to navigate the complexities of the regional construction landscape while maintaining its high standards for project delivery.

What is Trace?

Trace
ConstructionConstruction ManagementCivil Engineering Construction

Trace operates as a comprehensive provider of excavation and paving services, serving as a critical link in the regional construction supply chain. The company distinguishes itself through a diverse portfolio that encompasses heavy-duty excavation, trucking, woodwaste grinding, and the installation of specialized Redi-Rock retaining walls. By maintaining membership in the Associated General Contractors of America and utilizing high-performance CAT equipment, Trace ensures precision in sidewalk, concrete curb, and gutter installations. Their market position is defined by a blend of technical expertise and a reliable fleet, allowing them to cater to both commercial and residential infrastructure needs across Western North Carolina.

How much funding has Trace raised?

Trace has raised a total of $150K across 1 funding round:

2020

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 is poised to accelerate its growth trajectory by optimizing its heavy equipment fleet and expanding its service footprint. The strategic allocation of these funds will likely focus on enhancing operational efficiencies and meeting the rising demand for high-quality paving and excavation services in the region. As the company transitions into this next phase of development, the focus remains on leveraging its established reputation to secure larger-scale infrastructure contracts. By prioritizing technological integration and resource management, Trace aims to solidify its status as a premier contractor, ensuring long-term sustainability and competitive advantage in a demanding industry environment.

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

Additional financial insights in the Construction industry

Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstructionArchitecture, Engineering & Design
Construction ManagementConstruction
Construction ManagementConstructionConsumer ServicesRepair Services

Frequently Asked Questions Regarding Trace Financial Insights

What are the most recent funding rounds that Trace has completed, and what were the funding rounds?
Trace has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Trace has raised to date?
Trace has raised a total of $150K in funding to date.
How many funding rounds has Trace completed?
Trace has completed 1 funding rounds.
How much funding did Trace raise in its most recent funding round?
Trace raised $150K in its most recent funding round.
Who are the lead investors in Trace's latest funding round?
The lead investor in Trace'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 Trace's history?
The largest funding round in Trace's history was $150K.
See more information about Trace